The Greatest Burden of an Increasing National Debt Generally Is

The greatest burden of an increasing national debt generally is that

A) it will eventually have to be money-financed which will cause inflation to increase
B) citizens will have to be taxed more to pay the interest on government securities
C) the government will have to print more money to pay off the debt
D) future living standards will be lower since the rise in interest rates caused by the increased government demand for credit will crowd out private investment
E) people will lower their current consumption in anticipation of future tax increases

Correct Answer:

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