What Is the Redistribution Effect of a High Domestic-Owned National

question 55

Multiple Choice

What is the redistribution effect of a high domestic-owned national debt?

• A)Income is redistributed from taxpayers to bondholders.
• B)Income is redistributed from bondholders to taxpayers.
• C)Income is redistributed from lenders to borrowers.
• D)Income is redistributed from lenders to governments.
• E)There is no redistribution effect of domestic debt.

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