Answers Economics and Personal Finance Practice TestQuestion 13

13

practice testMultiple Choice

Practice Test

Question 13 • Economics and Personal Finance

What part does interest play in deficit spending?

Answer

A

Governments may charge foreign countries interest when they borrow money.

B

Governments must pay interest on money they borrow when they take on debt.

C

Citizens must pay interest when their governments borrow money.

D

Interest is not a factor when a government’s budget is in deficit.

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