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sgy_89 sgy_89
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6 years ago
The fraction of the public debt held by foreigners is
A) less burdensome to taxpayers than the portion held by American businesses and citizens.
B) particularly burdensome, because interest payments provide foreigners with claims on American goods.
C) no more or less burdensome than the fraction of the debt held by American citizens, because interest payments must be made in either case.
D) particularly burdensome, because foreigners must be paid an interest premium to convince them to invest in the United States.
E) particularly burdensome, because foreigners must be paid in gold.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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