Potential Problem(s) of the National Debt Is/are

question 43

Multiple Choice

Potential problem(s) of the national debt is/are

• A) government borrowing may crowd out private investment.
• B) interest payments on the debt may be a burden for future generations if the debt is largely held by non-Canadians.
• C) high interest payments on the debt may create self-perpetuating debt.
• D) going into debt to finance consumption.
• E) all of the above.

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Definitions:

Moore's Law

The observation that the number of transistors on a microchip doubles approximately every two years, though the cost of computers is halved.

Shared Economy

A system in which an owner rents something they are not using, such as a room, a car, or even a service, to a stranger using peer-to-peer services.

Peer-to-Peer Services

A decentralized model where two individuals interact directly with each other, without intermediary third-parties, often facilitated by digital platforms.

Moore's Law

The observation that the number of transistors on integrated circuits doubles approximately every two years, leading to exponential increases in computing power.