10. Study Questions and Problems #10 Evaluate the following statement explaining why our grandchildren may not suffer the entire burden of a federal deficit. True or False: The burden of the national debt on present and future generations depends on who owns the accumulated national debt. If the debt is owned internally, then debt payment is simply a transfer of income between households in the nation in the future. True O False portion of available tax If, over time, real government budget deficit remains unchanged, and national debt continues to increase, a dollars will be spent on interest payments on the debt, and as a result, can be spent on highways, health care, defense, and other public-sector programs.

10. Study Questions and Problems #10 Evaluate the following statement explaining why our grandchildren may not suffer the entire burden of a federal deficit. True or False: The burden of the national debt on present and future generations depends on who owns the accumulated national debt. If the debt is owned internally, then debt payment is simply a transfer of income between households in the nation in the future. True O False portion of available tax If, over time, real government budget deficit remains unchanged, and national debt continues to increase, a dollars will be spent on interest payments on the debt, and as a result, can be spent on highways, health care, defense, and other public-sector programs.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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