Which of the following best
describes the burden of public
debt?
A. the increase in interest rates that occur
when a government has too much debt
B. the opportunity costs that arise when
the government of a country must service
its debt
C. the deflation that occurs when the
productive capacity of an economy grows
faster than its currency
D. the comparative advantage that a nation
has over another nation when it has a
lower
opportunity cost
describes the burden of public
debt?
A. the increase in interest rates that occur
when a government has too much debt
B. the opportunity costs that arise when
the government of a country must service
its debt
C. the deflation that occurs when the
productive capacity of an economy grows
faster than its currency
D. the comparative advantage that a nation
has over another nation when it has a
lower
opportunity cost