30 Expansionary fiscal policy may be particularly harmful to

30. Expansionary fiscal policy may be particularly harmful to: A. elderly people. B. future generations. C. wealthy individuals. D. all of the above.

Solution

Solution: future generations

Explanation: The debt-financed expansionary fiscal policy is harmeful as it can transfers the burden of debt to the future generations

 30. Expansionary fiscal policy may be particularly harmful to: A. elderly people. B. future generations. C. wealthy individuals. D. all of the above. SolutionS

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