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The Real Burden of an Increase in the Public Debt

Question 230

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The real burden of an increase in the public debt


A) may be very small or conceivably zero when the economy is in a severe depression.
B) will be smaller when full employment exists than when the economy has large quantities of idle resources.
C) can be shifted to future generations if the debt is internally financed.
D) can best be measured by the dollar increase in the size of the debt.

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