It is a largely a myth about the national debt that
A) government borrowing may crowd out private investment.
B) government borrowing may crowd in private investment.
C) high interest payments on the debt may create self-perpetuating debt.
D) Canada will go bankrupt unless we repay the debt.
E) going into debt may be a not-smart choice.
Correct Answer:
Verified
Q174: Which statement is true?
A) Interest payments on
Q175: Crowding in occurs when debt-financed government spending
A)
Q176: Crowding out occurs when debt-financed government spending
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Q180: In 2009, Canada's debt was $463.7 billion
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Q183: "Yes - Markets Self-Adjust" economists support debt-financed
Q184: Crowding out occurs when debt interest payments
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