The Real Burden of an Increase in the Public Debt

question 230

Multiple Choice

The real burden of an increase in the public debt

• A) may be very small or conceivably zero when the economy is in a severe depression.
• B) will be smaller when full employment exists than when the economy has large quantities of idle resources.
• C) can be shifted to future generations if the debt is internally financed.
• D) can best be measured by the dollar increase in the size of the debt.

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Definitions:

Comanche

A Native American tribe historically known for their horseback riding skills and dominance over the Great Plains area.

Northern Mexico

A geographic region of Mexico, characterized by its desert landscapes, industrial cities, and significant role in agriculture and manufacturing.

Comanche

A Native American tribe, historically known as fearsome warriors, who lived in what is now Wyoming, Texas, Oklahoma, and New Mexico.

Loss Of Bison

The significant decline of the American Bison population, primarily in the 19th century, due to excessive hunting, climate change, and habitat loss, greatly impacting Native American cultures and the ecosystem.