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Most of the National debts is "dead weight" in the sense that is____

Most of the National debts is "dead weight" in the sense that is____
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  • A Bound to increase from year to year
  • B Accumulated as the result of past capital investment
  • C The responsibility of the treasury
  • D Not covered by any real asset
Correct Answer: Option D
Explanation:
Dead weight is a debt that is incurred to meet current needs without the security of an enduring asset. It is usually incurred by the government.

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