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Consider a government with an outstanding stock of public debt. If, in any given year, the government has a primary budget surplus and the real interest rate on government bonds is less than the growth rate of real GDP, then
Fallacy
An error in reasoning or argumentation that leads to a conclusion being invalid or deceptive, often due to a flaw in the structure of the argument.
Equivocation
The misleading use of a term with more than one meaning or sense, causing a fallacy in argumentation due to ambiguous language.
Appeal to Ignorance
A logical fallacy in which it is claimed that a proposition is true because it has not yet been proven false, or vice versa.
Burden of Proof
The obligation to prove one's assertion or argument, typically resting on the party who makes a claim in a dispute.
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