Future Generations Are Most Likely to Lose as a Consequence

question 344

Multiple Choice

Future generations are most likely to lose as a consequence of budget deficits if

• A)growth of the national debt causes high interest rates that discourage private capital accumulation.
• B)internally held national debt rises as a percentage of GDP.
• C)the national debt is continually rolled over,and is never paid off.
• D)foreigners buy more and more of our national debt,forever.

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Definitions:

Flashbulb Memories

Highly detailed and vivid memory of an emotionally significant moment or event, almost photographic in quality.

Persian Gulf War

A conflict that took place in 1990-1991, triggered by Iraq's invasion of Kuwait, leading to a military intervention by a coalition led by the United States.

Autobiographical Memory

Memory for events and other information from one’s own life.