It Is a Largely a Myth About the National Debt

question 12

Multiple Choice

It is a largely a myth about the national debt that

• A) government borrowing may crowd out private investment.
• B) government borrowing may crowd in private investment.
• C) high interest payments on the debt may create self-perpetuating debt.
• D) Canada will go bankrupt unless we repay the debt.
• E) going into debt may be a not-smart choice.

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