The most likely argument against high national debt levels is that: A. the debt is owed internally
Question:
The most likely argument against high national debt levels is that:
A. the debt is owed internally to fellow citizens.
B. they create disincentives for economic activity.
C. they may finance investment in physical and human capital.
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High National Debt Levels Disincentives for Economic Activity High national debt levels can create significant disincentives for economic activity When a government accumulates large amounts of debt i...View the full answer
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Related Book For 
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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