An Indirect Cost of Government Debt Is

question 81

Multiple Choice

An indirect cost of government debt is:

• A) it can distort the credit market and slow economic growth.
• B) it can cause hyperinflation.
• C) it can cause unemployment below the natural rate.
• D) All of these are true.

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Definitions:

Bullfighting

A traditional spectacle of certain countries, notably Spain and Mexico, in which one or more bulls are fought in a bullring.

Incorporate Transition

The process of smoothly integrating changes or developments into existing structures or systems.

Pronoun

A word used in place of a noun or noun phrase to avoid repetition and to refer to individuals without naming them.

Downplay

To make something appear less important or less significant than it actually is.