Multiple Choice
Should we be concerned about a growing federal debt?
A) No,because budget deficits are more important to worry about than the federal debt.
B) No,because federal debt,unlike private debt,does not have to be repaid.
C) Yes,because a large federal debt may slow the rate of economic growth in the future.
D) Yes,because if the debt grows too large,we will have to receive bailouts from other countries,which means they will be able to control our policy and economy.
E) Yes,because it is likely that the government will confiscate the savings of individuals to pay for the debt.
Correct Answer:

Verified
Correct Answer:
Verified
Q78: The funds used for payments to Medicare
Q79: The austerity measures imposed on Greece in
Q80: Which of the following is NOT a
Q81: Are budget deficits purely the result of
Q82: The failure to make required payments on
Q84: Which of the following is an example
Q85: How might a high demand for U.S.debt
Q86: Suppose you return to college and earn
Q87: A U.S.federal government budget surplus occurs when<br>A)
Q88: Why does the federal debt tend to