Multiple Choice
Paying interest on internal government debt involves a:
A) net reduction in domestic income.
B) redistribution of income among citizens of the country.
C) net increase in domestic income.
D) redistribution of income to citizens of other countries.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q77: Why do economists prefer to examine the
Q78: What is the difference between a nominal
Q79: One of the reasons government debt is
Q80: What's the difference between a structural and
Q81: How is government debt different from an
Q83: If actual income is $300 billion, potential
Q84: If an economy operates below potential income,
Q85: The cyclical surplus is $450 billion, potential
Q86: In order to calculate the real deficit,
Q87: During World War II, the economic recession