Multiple Choice
If debt-financed less productive government spending crowds out more productive private investment,future generations will bear
A) All of the burden of the debt due to higher taxes.
B) Zero burden as a result of the debt.
C) Some of the burden of the debt due to lower productive capacity.
D) A portion of the burden of the debt relative to the population size.
Correct Answer:
Verified
Correct Answer:
Verified
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