Payment of Interest on the Public Debt Will

question 207

Multiple Choice

Payment of interest on the public debt will:

• A)increase our current domestic standard of living.
• B)not have any effect on the distribution of income.
• C)probably decrease the income inequality.
• D)probably increase the income inequality.

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Definitions:

Negative Emotions

Feelings that are generally considered to be displeasing or unfavorable, such as sadness, anger, fear, and guilt, which can impact mental and physical well-being.

Bad News

Information that is unwelcome, unpleasant, or disappointing.

Duration

The length of time that something continues or exists.

Overestimate

To assess something as more, larger, or more important than it actually is.