Multiple Choice
What is the redistribution effect of a high domestic-owned national debt?
A) Income is redistributed from taxpayers to bondholders.
B) Income is redistributed from bondholders to taxpayers.
C) Income is redistributed from lenders to borrowers.
D) Income is redistributed from lenders to governments.
E) There is no redistribution effect of domestic debt.
Correct Answer:
Verified
Correct Answer:
Verified
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