Solved

Which of the Following Is an Important Real Consequence of the Public

Question 313

Multiple Choice

Which of the following is an important real consequence of the public debt of the United States?


A) It will threaten to bankrupt the federal government.
B) It discourages saving among the general public.
C) It decreases the inequality in the distribution of income in the U.S.
D) Its consequent higher interest rates lead to fewer incentives to bear risk and innovate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions