Multiple Choice
The idea that present generations benefit from borrowing what future generations must pay is called:
A) the budget deficit.
B) intertemporal substitution.
C) the intertemporal budget constraint.
D) generational accounting.
E) discretionary spending.
Correct Answer:

Verified
Correct Answer:
Verified
Q63: The CBO forecasts that the number of
Q64: In 2015, the U.S. federal government spent,
Q65: Which of the following is/are possible cause(s)
Q66: We can compensate future generations for the
Q67: According to the Congressional Budget Office report
Q69: When _ hold(s), if the present value
Q70: According to the Congressional Budget Office report
Q71: _ imply/implies that, holding the present value
Q72: The best indicator of whether a country
Q73: The basic point of generational accounting is