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

question 34

Multiple Choice

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

• A)(fiscal borrowing)x (the interest rate)
• B)(government spending + tax revenue)x (the interest rate)
• C)(government spending)x (the interest rate)
• D)(government spending - tax revenue)x (the interest rate)
• E)(total outstanding government debt)x (the interest rate)

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