The Real Burden of an Increase in the Public Debt

question 116

Multiple Choice

The real burden of an increase in the public debt

• A)may be very small or conceivably zero when the economy is in a severe depression.
• B)will be smaller when full employment exists than when the economy has large quantities of idle resources.
• C)can be shifted to future generations if the debt is internally financed.
• D)can best be measured by the dollar increase in the size of the debt.

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Definitions:

Covalent Bonds

Chemical bonds formed by the sharing of electron pairs between atoms, contributing to the stability and structure of molecules.

Polar

Describes a molecule with an uneven distribution of electron density, leading to a partial positive charge on one side and a partial negative charge on the other.

Nonpolar

A type of chemical bond or molecule that does not have distinct electrical poles, resulting in even distribution of electrical charge.

Lewis Structure

A diagram illustrating the bonding between atoms in a molecule and the lone pairs of electrons that may exist.