Which of the Following Statements About the National Debt Has

question 155

Multiple Choice

Which of the following statements about the national debt has the most validity?

• A)Our large national debt can bankrupt the nation.
• B)If only Americans hold the debt, then payments of interest and principal are simply transfers from some Americans to other Americans.
• C)Our large national debt can lead to subjection by the people (especially foreigners) who hold the debt.
• D)The national debt represents a burden to future generations who will have to make huge payments of interest and principal.

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Definitions:

Solitary

Preferring to be alone or engaging in activities without the company of others; can also refer to single, isolated instances.

Sociocultural Play

Play activities that are influenced by social and cultural factors, reflecting the norms, values, and practices of a particular community.

Cooperative

Working or acting together willingly for a common purpose or benefit.

Onlooker

An individual who observes events or other people but does not participate directly in the activities.