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:

Positivist Sociologists

Scholars in sociology who believe that the social world can be studied with the same scientific accuracy and assurance as the natural world.

Criminal Status

The designation of an individual who has been convicted of a crime by a judicial body.

Labeling Approach

A perspective in sociology and criminology that emphasizes the importance of societal labels in the development of deviant identity.

Sociologists

Scholars or practitioners who study human society and social behavior by examining the groups, cultures, organizations, social institutions, and processes that develop when people interact and work together.