Most of the National debts is "dead weight" in ...
Most of the National debts is "dead weight" in the sense that is___
Bound to increase from year to year
Accumulated as the result of past capital investment
The responsibility of the treasury
Not covered by any real asset
Correct answer is D
Dead weight is a debt that is incurred to meet current needs without the security of an enduring asset. It is usually incurred by the government.
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Division of labour is limited by? ...
Privatization of government-owned companies means the ...
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A demand schedule shows the quantities of goods that are ...
The West African house was established to ...
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Which of the following is not a reason countries import goods? ...