Author Question: The idea that a large national debt is mortgaging the future of our children and grandchildren is ... (Read 52 times)

ap345 · **on:** Jun 30, 2018

The idea that a large national debt is mortgaging the future of our children and grandchildren is misleading because:
a. it is the Federal Reserve that will be responsible for making interest payments on the debt.
b. future generations will have to bear the opportunity costs of the resources that are used today.
c. future generations will not be liable for the interest obligations of the national debt.
d. future generations will inherit the interest income as well as the interest obligations.

Question 2

Capital accounts are a measure of how much ____ have invested ____.
a. c and d
b. d and e
c. U.S. stockholders; in the market
d. foreign stockholders; in foreign firms
e. U.S. firms; in foreign nations