Government debt places a burden on future generations if

A) the debt is used to fund the current consumption of its citizens.
B) the debt is used to fund the production of investment goods.
C) the debt is used to fund schools and highways.
D) All of the above are correct.


A

Economics

You might also like to view...

How are depletion and pollution mirror images of the same problem?

What will be an ideal response?

Economics

In the above figure, at what minimum wage is the unemployment level equal to 200 million hours?

A) $2 per hour B) $4 per hour C) $6 per hour D) $8 per hour

Economics

A student makes the following argument: "When a market is in equilibrium, there is no consumer surplus. We know this because in equilibrium, the market prices is equal to the price consumers are willing to pay for the good. Briefly explain whether you agree with the student's argument.

Economics

A retailer X that is operating at a loss gets bought out by a larger chain of department stores, which shuts down the brand, using its assets for their own brand,

a. Wealth is destroyed since the company shut down b. Wealth is created since the resources were of lesser value under the X brand and are now worth more c. Wealth is neither created nor destroyed since the total amount of resources stay the same d. None of the above

Economics