Which of the Following Is True of Deficit Spending and Government

question 4

Multiple Choice

Which of the following is true of deficit spending and government debt?

• A) The opportunity costs of government spending must be incurred today and cannot be passed on through deficit spending.
• B) Because of the national debt, future generations will incur liabilities without any corresponding benefits.
• C) Financing government spending with debt allows the government to pass the opportunity costs of government spending along to future generations.
• D) All of the public debt is owed to foreigners because the people who pay taxes are U.S. citizens.

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Definitions:

Endometriosis

A painful disorder in which tissue similar to the lining inside the uterus is found outside the uterus, leading to painful periods and fertility issues.

Gynecological Disease

Any disease concerning the reproductive system of women and girls, including conditions affecting the uterus, ovaries, and other reproductive organs.

Older Women

Refers to women who are advancing in age, typically defined as those in the middle-aged or elderly stages of life.

Prostatitis

Inflammation of the prostate gland, leading to various urinary and sexual health issues in men.