Question
If South Africa has very high debt to GDP levels, which of the following statements about this debt is INCORRECT? a. If all the debt
If South Africa has very high debt to GDP levels, which of the following statements about this debt is INCORRECT?
a. If all the debt was financed domestically, then this debt would not be a burden for future generations.
b. If all the debt was financed domestically, then it would attract interest
c. Very debt levels place a country at a risk of defaulting on repayments
d. Very high debt levels restrict a government's ability to address
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
