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malabranche13 malabranche13
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4 years ago
Which of the following illustrates a burden of the national debt?

▸ Future generations will have to pay lower taxes to finance the national debt.

▸ The current generation pays a higher level of taxes.

▸ A large debt decreases the amount of capital, thereby decreasing future incomes.

▸ The current generation receives a higher level of government services.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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brigettelearnbrigettelearn
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4 years ago
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malabranche13 Author
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4 years ago
You make an excellent tutor!
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