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Nations who borrow from abroad to support current consumption: A) will always sacrifice current consumption. B) will always be better off in the future. C) will always sacrifice…
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Nations who borrow from abroad to support current consumption: A) will always sacrifice current consumption. B) will always be better off in the future. C) will always sacrifice…
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Jan 10, 2024
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Nations who borrow from abroad to support current consumption:
A) will always sacrifice current consumption.
B) will always be better off in the future.
C) will always sacrifice future consumption.
D) may sacrifice future consumption.
E) none of the above
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Answer: D) may sacrifice future consumption.
Step-by-step explanation:
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Jan 14, 2024
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