In Any Given Year,the Government's Debt-Service Payments Are

question 118

Multiple Choice

In any given year,the government's debt-service payments are

• A)equal to the annual budget deficit.
• B)equal to the annual primary budget deficit.
• C)the interest payments on the outstanding stock of government debt.
• D)not related to the government deficit.
• E)not required unless the debt is held by foreigners.

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