Multiple Choice
Which of the following is a reason why government debt is different from individual debt?
A) Government has fewer sources of income to finance its debt than individuals.
B) Government can create money to finance its debt.
C) Government debt can be owed to foreigners, unlike the debt of individuals.
D) Government debt must be repaid at some point in time.
Correct Answer:
Verified
Correct Answer:
Verified
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