Future generations are most likely to lose as a consequence of budget deficits if
A) growth of the national debt causes high interest rates that discourage private capital accumulation.
B) internally held national debt rises as a percentage of GDP.
C) the national debt is continually rolled over,and is never paid off.
D) foreigners buy more and more of our national debt,forever.
Correct Answer:
Verified
Q159: Between 1980 and 2000,the national debt _.
A)declined
Q160: Which of the following best describes the
Q161: Suppose government spending equals $500 billion,tax revenue
Q162: An annually balanced federal budget
A)enables fiscal policy
Q163: After the Great Recession of 2007- 2009,the
Q165: Fiscal policy involves
A)changing the money supply to
Q166: If the economy experiences a recession,the federal
Q167: If the MPC is .9,the multiplier is
A).1.
B).9.
C)1.
D)9.
E)10.
Q168: Government policy concerning its spending and taxation
Q169: Statement I: The federal budget deficit is
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