Which of the following is a benefit of government debt? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo the wrong answers. Debt prevents the import-export ratio from exceeding transfer payments. The ability to pay for investments that lead to economic growth. Debt allows flexibility in offsetting an economic shock. Borrowing tends to increase wages and keep inflation rates stable.
Which of the following is a benefit of government debt? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo the wrong answers. Debt prevents the import-export ratio from exceeding transfer payments. The ability to pay for investments that lead to economic growth. Debt allows flexibility in offsetting an economic shock. Borrowing tends to increase wages and keep inflation rates stable.
Chapter17: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 7SQ
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