Multiple Choice
Why does the government not have to repay debt, as do private individuals?
A) Because the government can ignore creditors and refuse payment.
B) Because the government, as a dictatorship, is unresponsive to demands for repayment.
C) Because the government has no debt; it owes it to itself.
D) Because the government does not have a finite life, as do individuals.
Correct Answer:
Verified
Correct Answer:
Verified
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