If the national debt is owed entirely to U.S. citizens,
a. paying off the debt will necessarily stimulate growth.
b. future interest payments on the debt are not a burden to the nation as a whole.
c. future economic growth will necessarily be slowed.
d. the debt constitutes a burden to these citizens.
b
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Which of the following would both make a worker's wage higher than otherwise?
a. the work is safe, the employer pays an efficiency wage b. the work is safe, the employer does not pay an efficiency wage c. the work is dangerous, the employer pays an efficiency wage d. the work is dangerous, the employer does not pay and efficiency wage
Behavioral economics
a. integrates psychological insights into economic models. b. relies on the assumption that homo economicus describes economic decision-making. c. assumes that economic agents have full information about the conditions surrounding their decisions. d. All of the above are correct.