4072EconomicsMedium
Future generations will have to pay interest on the current debt because________?
Athe U.S government never borrows money from foreign governments
Bit takes a long time to pay off debts
Cbudget deficits are funded with borrowed money
Dnone of the above
Correct answer
C. budget deficits are funded with borrowed money
Explanation
The correct answer is budget deficits are funded with borrowed money.