One of the Problems with Excessive Debt Is That

question 52

Multiple Choice

One of the problems with excessive debt is that

• A)it worsens the central government's budget position by adding large debt service payments to other budget items.
• B)it reduces the quantity of resources available to invest in economic development.
• C)if debt service is substantial,schools,health clinics,roads,ports,other infrastructure,and social needs are less likely to be addressed.
• D)it can intensify and spread a crisis.
• E)All of the above.

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Definitions:

Internal Struggle

The psychological conflict within an individual, often involving competing desires, beliefs, or needs.

Internal Struggle

A personal conflict within an individual, often involving competing values or desires.

Anticipated Threat

An expected or forecasted danger or problem that prompts preparation or preventive measures.

Preoccupation

The state of being absorbed or engrossed in thoughts or concerns about a particular issue or topic.