Is the national debt a burden to future generations?
a. No, as long as foreigners own a significant share of the national debt.
b. No, as long as the national debt is owned purely by U.S. citizens.
c. Yes, debt is always a burden to future generations.
d. Yes, unless foreigners increase their share of the national debt.
b
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As contrasted to the mainstream view, Keynesian economists believe that ________ than mainstream economists believe
A) the multiplier effect is larger B) the burden of government debt on future generations is larger C) fiscal stimulus is weaker D) potential GDP is smaller E) the real GDP growth rate is higher
To avoid accidents, the government of Richland does not allow boating in lakes during rainstorms. This is an example of ________
A) consumer sovereignty B) consumerism C) bureaucratic redtapism D) paternalism
Charging different prices for similar products that have different marginal costs is called
A. predatory pricing. B. price dumping. C. price discrimination. D. price differentiation.
TANF provides benefits that raise recipients to the poverty line
Indicate whether the statement is true or false