Why Does the Government Not Have to Repay Debt, as Do

question 189

Multiple Choice

Why does the government not have to repay debt, as do private individuals?

• A)Because the government can ignore creditors and refuse payment.
• B)Because the government, as a dictatorship, is unresponsive to demands for repayment.
• C)Because the government has no debt; it owes it to itself.
• D)Because the government does not have a finite life, as do individuals.

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