Accumulating Debt Can Be a Problem for the Federal Government

question 74

Multiple Choice

Accumulating debt can be a problem for the federal government because:

• A)it is currently in danger of defaulting on the debt.
• B)a large debt to GDP ratio causes crowding out.
• C)purchases of roads and bridges add burden but no benefit to the economy.
• D)raising the money to borrow is difficult.

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Definitions:

Age-Sex Histogram

A graphical representation that shows the distribution of various age groups in a population which typically forms the shape of a pyramid.

World's Population

The total number of people living on Earth, which is subject to change due to birth rates, death rates, and migration patterns.

Seniors

Older adults or individuals who are typically 65 years or above, often considered as a demographic group with specific health, economic, and social needs.

Young-Old

A term often used to describe the segment of the elderly population considered to be in better health and more active than those who are older and potentially less healthy.