When Government Debt Is Financed Internally, Future Generations Will

question 33

Multiple Choice

When government debt is financed internally, future generations will

• A) inherit a higher tax liability without additional interest income.
• B) inherit neither higher taxes nor additional interest income.
• C) inherit both higher taxes and additional interest income.
• D) receive lower interest income and a lower tax liability.

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Definitions:

Surveys

Research methods that involve collecting data from a sample of individuals through their responses to questions, often used in social sciences.

Personality Traits

Enduring characteristics and behaviors that differentiate one individual from another.

Emotional States

The various feelings that an individual can experience, which can affect their thoughts, behaviors, and physiological conditions.

John Watson

An American psychologist regarded as one of the founders of behaviorism, emphasizing the importance of observable behaviors over internal phenomena like thoughts and feelings.