The Basic Point of Generational Accounting Is That High and Rising

question 73

Multiple Choice

The basic point of generational accounting is that high and rising debt-GDP ratios imply:

• A) higher interest rates in the future.
• B) lower tax rates on future generations.
• C) higher tax rates on future generations.
• D) reduced government expenditures in the future.
• E) rising government expenditures in the future.

---

Definitions:

Positive Self-concept

An individual's perception of themselves in a favorable light, emphasizing strengths and positive qualities.

Actual Self

An individual's perception of their own attributes and characteristics at the present time.

Ideal Self

Represents an individual's conception of how they would like to be or what they strive to become.

Self-concept

An individual's perception of themselves, including their thoughts, feelings, and beliefs about their own identity and attributes.