Multiple Choice
If the national debt is owed to foreigners,
A) the debt constitutes a burden to domestic citizens.
B) economic growth will necessarily be higher than if the debt were owed to domestic citizens.
C) paying off the debt will involve a transfer of resources within the country.
D) future interest payments on the debt are not a burden to the nation.
Correct Answer:
Verified
Correct Answer:
Verified
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