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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Definitions:

Manic Episode

A period of abnormally elevated or irritable mood, arousal, and/or energy levels, often seen in bipolar disorder.

Unipolar Episode

A period characterized by a severe mood that is consistently in one emotional state (usually depression), without episodes of mania.

Depressive Episode

A period marked by a severely depressed mood or a loss of interest in activities, affecting the individual's daily functioning.

Dissociative Identity Disorders

A severe form of dissociation, a mental process which produces a lack of connection in a person's thoughts, memories, feelings, actions, or sense of identity, often characterized by the presence of two or more distinct personality states.