Evaluate the following statement. True or False: The most unlikely problem of the national debt is that the government will go bankrupt. O True, because the government surplus is always growing. True, because the U.S. Treasury can roll over the debt by issuing new securities. False, because when government securities mature, the U.S. Treasury will default on its obligations. E ernment deficit is always growing
Evaluate the following statement. True or False: The most unlikely problem of the national debt is that the government will go bankrupt. O True, because the government surplus is always growing. True, because the U.S. Treasury can roll over the debt by issuing new securities. False, because when government securities mature, the U.S. Treasury will default on its obligations. E ernment deficit is always growing
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:4. Study Questions and Problems #4
Evaluate the following statement.
True or False: The most unlikely problem of the national debt is that the government will go bankrupt.
True, because the government surplus is always growing.
True, because the U.S. Treasury can roll over the debt by issuing new securities.
False, because when government securities mature, the U.S. Treasury will default on its obligations.
O False, because the government deficit is always growing.
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