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.

---

Definitions:

Unemployment Insurance

A state initiative offering short-term monetary support to individuals who are out of work due to circumstances beyond their control.

Temporary-Help Industry

Refers to a sector comprising companies that provide employees to other businesses on a temporary basis. These firms often specialize in supplying temporary workers for office administration, industrial labor, or professional roles.

Natural Rate

The natural rate often refers to the natural rate of unemployment, which is the level of unemployment expected in an economy without short-term fluctuations.

Labor Force

The aggregate count of individuals who are either working or actively looking for work within a specific economy.