The Single Source of Concern About the National Debt Is

question 33

Multiple Choice

The single source of concern about the national debt is

• A) gimmicks like the National Debt Clock.
• B) the interest payments that must be made on the debt every year.
• C) the transfer payments that must be made every year.
• D) the large trade deficits that we face with other countries.
• E) none of the above.

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Definitions:

Undue Influence

An illegitimate power exercised by one person over another in order to induce the latter to make a decision or a legal transaction that greatly benefits the former.

Non Est Factum

A legal defense claiming that a contract is invalid because the signer was unaware of its nature due to an honest mistake.

Functionally Illiterate

The condition of having limited reading and writing skills that are insufficient for everyday needs.

Mistake of Fact

A misunderstanding or incorrect belief regarding a fact that is material to a contract at the time of its formation, potentially rendering the contract voidable.