The Most Likely Way the Public Debt Burdens Future Generations

question 83

Multiple Choice

The most likely way the public debt burdens future generations, if at all, is by

• A)reducing the current level of investment.
• B)causing future unemployment.
• C)causing deflation.
• D)reducing real interest rates.

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Definitions:

Augmented Matrix

An augmented matrix is a matrix used in linear algebra, consisting of the coefficient matrix of a system of linear equations and one or more columns added to the right, representing the constants from the equations' right-hand sides.

Linear Equations

Equations in which the highest power of the variable is one, graphically represented as straight lines.

Variables

Symbols used to represent unspecified numbers or values.

Ordered Triple

A set of three numbers used to locate a point in three-dimensional space.