One consequence of government deficits is
A)reduced consumer spending.
B)redistribution of the tax burden from one group to another.
C)lower taxes.
D)lower interest rates.
E)reduced government borrowing.

Question

Quizplus · Accepted Answer

Government deficits often lead to a redistribution of the tax burden from one group to another, as future taxpayers may have to bear the cost of repaying the debt incurred by current deficits.

One Consequence of Government Deficits Is