Which of the Following Is Correct

question 32

Multiple Choice

Which of the following is correct?

• A)Deficits always require people to consume at the expense of their children.
• B)If the government uses funds to pay for investment programs,on net the debt need not burden future generations.
• C)If the government is in debt it must be running a deficit currently.
• D)The current government debt is a large share of lifetime income.

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Definitions:

Self-verification

The process through which individuals seek to confirm their self-concept by encouraging feedback that aligns with their existing beliefs and perceptions about themselves.

Biased Affective Forecasting

The tendency for people to inaccurately predict the intensity or duration of future emotional states, often underestimating the capacity to adapt to life changes.

Basking In Reflected Glory

The tendency to enhance one’s image by publicly announcing one’s association with those who are successful.

Robert Cialdini

An American psychologist known for his work on the psychology of persuasion, compliance, and negotiation.