Future generations will have to pay interest on the current debt because:
A. it takes a long time to pay off debts
B. budget deficits are funded with borrowed money
C. the U.S. government never borrows money from foreign governments
D. none of the above
Answer:B
Future generations will have to pay interest on the current debt because:
A. it takes a long time to pay off debts B. budget deficits are funded with borrowed money C. the U.S. government never borrows money from foreign governments D. none of the above