Most of the public debt is owed to citizens and domestic institutions. This is one reason that the public debt: A. Crowds out private investment B. Does not impose a burden on future generations C. Has a procyclical economic effect on the economy D. Can result in the bankruptcy of the Central government
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Home » Business » Most of the public debt is owed to citizens and domestic institutions. This is one reason that the public debt: A. Crowds out private investment B. Does not impose a burden on future generations C. Has a procyclical economic effect on the economy D.