Asked by Rick
Newspaper headlines often argue that the increasing public debt is a burden on future generations. What they mean is that
a. it makes predicting future unemployment levels unpredictable.
b. it causes deflation.
c. it reduces both nominal and real interest rates.
d. it reduces the current level of investment.
a. it makes predicting future unemployment levels unpredictable.
b. it causes deflation.
c. it reduces both nominal and real interest rates.
d. it reduces the current level of investment.
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