How May the Public Debt Impose a Burden Upon Future

question 73

Multiple Choice

How may the public debt impose a burden upon future generations?

• A)By reducing the current level of private capital accumulation.
• B)By causing future unemployment.
• C)By causing a slowly falling price level.
• D)By causing interest rates to be lower than otherwise.

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Definitions:

Empirical Researchers

Individuals engaged in the systematic collection and analysis of data obtained through observation or experimentation to answer specific questions or test hypotheses.

Organizing

The management function that involves arranging resources and tasks to achieve objectives efficiently and effectively.

Entropy

A measure of disorder or randomness in a system, often associated with the second law of thermodynamics in physics.

Open Systems

A system is open or closed to the degree that it can exchange information and energy with its environment. A more open system can adapt to environmental changes.