Accumulating Debt Poses a Problem for the U

question 15

Multiple Choice

Accumulating debt poses a problem for the U.S.federal government because

• A)it is currently in danger of defaulting on on the debt.
• B)a large debt-to-GDP ratio causes crowding out.
• C)building roads and bridges do not yield enough benefits to justify their cost.
• D)the debt has to ultimately be paid off.

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Definitions:

Public Companies

These are corporations whose ownership is distributed among the general public through freely tradable shares listed on a stock exchange.

Technical Expertise

Specialized knowledge and skills in a specific field or technology, enabling individuals to perform tasks with high proficiency.

Logrolling

The practice of exchanging favors, especially in politics, by reciprocal voting for each other's proposed legislation.

Economic Efficiency

A state in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.