5 Question 15 Which of the following is not a possible cost of South Africa having sizeable budget deficits? a. Increased income redistribution from of income from pensioners to the private sector b. growing future generation debt burdens c. weaker South African rand versus the dollar d. higher interest repayments
5 Question 15 Which of the following is not a possible cost of South Africa having sizeable budget deficits? a. Increased income redistribution from of income from pensioners to the private sector b. growing future generation debt burdens c. weaker South African rand versus the dollar d. higher interest repayments
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Six Debates Over Macroeconomic Policy
Section: Chapter Questions
Problem 6PA
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5
Question 15
Which of the following is not a possible cost of South Africa having sizeable budget deficits?
a. Increased income redistribution from of income from pensioners to the private sector
b. growing future generation debt burdens
c. weaker South African rand versus the dollar
d. higher interest repayments
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