Deficits Are a Burden on Future Generations If They

question 57

Multiple Choice

Deficits are a burden on future generations if they

• A)cause higher rates of inflation to occur.
• B)are not used for government capital formation.
• C)cause national saving to fall.
• D)are always a primary government deficit.

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Definitions:

Performance

The act of fulfilling the requirements as stipulated in a contract or agreement.

Obligor

An individual or entity that is legally bound to fulfill an obligation, such as making a payment or performing a service, under a contract.

Notice

Formal information or warning given to a person or public about an event, decision, or action.

Assignment Valid

Refers to the legal transfer of one party's rights and benefits under a contract to another party, recognized as legitimate and binding.