An explanation of why governments are willing to burden future generations with debt to finance a war today is:
A) only present generations enjoy peace
B) future generations will enjoy peace and must pay nothing
C) future generations will enjoy peace and must pay something
D) future generations will never enjoy peace but must pay for current generations to enjoy it
E) current generations are more important to the government than future generations
Correct Answer:
Verified
Q31: Which of the following countries has negative
Q40: The government uses funds to:
A) make transfer
Q41: If current generations are depleting nonrenewable resources,
Q42: Which of the following is NOT an
Q45: Which of the following countries has defaulted
Q46: What was Japan's debt-to-GDP in 2012?
A) 76
Q47: Under which condition can the government continue
Q49: Which of the following might worry prospective
Q58: Which of the following should economic policymakers
Q59: An implication of the intertemporal budget constraint
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents