The government is like a private borrower in that ________, but the government is NOT like a private borrower in that ________.

A. the government can simply increase its income to pay back debts; the government pays interest on debts
B. the government does not pay interest on debts; the government can simply increase its income to pay back debts
C. the government pays interest on debts; the government can simply increase its income to pay back debts
D. the government can simply increase its income to pay back debts; the government does not pay interest on debts


Answer: C

Economics

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