Business, 05.05.2020 07:51 Rosalycarlite5358

Which of the following concerns about the national debt are substantive? Check all that apply.

A. Government's borrowing to refinance the debt may lead to higher interest rates. Higher interest rates reduce investment spending, leaving future generations with a smaller stock of capital goods.

B. Paying off the U. S. national debt will require future generations of Americans to decrease their purchases of goods and services by an amount equal to the existing debt.

C. As government securities mature, portions of the national debt come due. When this occurs, the only way for the government to obtain the necessary funds is to raise taxes or cut expenditures.

D. The large U. S. national debt is in danger of bankrupting the federal government.

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Which of the following concerns about the national debt are substantive? Check all that apply.
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