Which of the following is not correct?
A) Government debt can continue to rise forever.
B) If the government uses funds to pay for investment programs,on net the debt need not burden future generations.
C) Social Security does not transfer wealth from younger generations to older generations.
D) The average U.S.citizens' share of the government debt represents less than 2 percent of her lifetime income.
Correct Answer:
Verified
Q1: Which of the following is correct?
A)Deficits always
Q3: Over time,continued budget deficits lead to
A)a higher
Q4: From fiscal year 2012 to fiscal year
Q6: In fiscal year 2008,the U.S.government ran a
Q7: Government deficits mean that
A)national saving is negative
Q8: Suppose the budget deficit is rising 3
Q9: Suppose that a country has an inflation
Q10: If the budget deficit were reduced,
A)interest rates
Q135: Which of the following would transfer wealth
Q154: Part of the argument against deficits is
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