A Deficit Will Burden Future Generations

question 182

Multiple Choice

A deficit will burden future generations

• A)because the obligation to pay it off must be faced sooner or later.
• B)if it produces higher interest rates when the economy is near full employment.
• C)because future generations will have to pay taxes to fund the interest payments to Americans who hold the debt.
• D)All of the above are correct.

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Definitions:

Insubordination

The act of willfully disobeying or disrespecting higher authority.

Influence Process

A mechanism through which individuals affect the behaviors, attitudes, or opinions of others within an organization or group.

Leading

The act of guiding, directing, and influencing individuals or teams towards achieving organizational objectives.

Following

The act of supporting or being guided by a leader, ideology, or trend.