The national debt must eventually be paid off to
A) ourselves, which implies we collectively can expect an increase in income in the future.
B) the government, which implies additional revenue to the government in the future.
C) foreigners, which means a loss of freedom in the future.
D) no one, as long as there is confidence in the continuing viability of the government's taxing powers.
Correct Answer:
Verified
Q26: The argument that households will increase savings
Q30: Society's rate of time preference refers to
A)
Q34: If the economy is growing 5% a
Q35: If the country in the figure above
A)
Q68: The conditions for joining the "Euro" single-currency
Q74: Which of the following is least likely
Q89: Over a decade or longer,a government budget
Q95: "In the 1980s the pain which results
Q100: Government debt places a burden on future
Q101: If the inflation rate is 7 percent,real
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