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Government debt: Quiz


Question 1: For example, all borrowings by the Confederate States of America were left unpaid after the ________.
American Civil WarUnited StatesBleeding KansasTennessee

Question 2: Some have argued that the greatly increased military spending of World War II really ended the ________.
United StatesRepublican Party (United States)Federal Reserve SystemGreat Depression

Question 3: This is because, up to a point, the debt and interest can be repaid by raising tax receipts (either by ________ or raising tax rates), a reduction in spending, or failing that by simply printing more money.
Austrian SchoolEconomic inequalityEconomicsEconomic growth

Question 4: Countries such as the United States, ________ and Germany have only issued in their domestic currency.
CanadaUnited KingdomFranceItaly

Question 5: These agreements set the policies for the BIS, IMF, and ________, the so-called Bretton Woods Institutions, launched in the late 1940s for the last two (the BIS was founded in 1930).
Bretton Woods systemWorld BankWorld Bank GroupInternational Monetary Fund

Question 6: In ________ analysis, this can be seen as degrading capital on which the nation's economy ultimately depends.
SustainabilityEco-capitalismTriple bottom lineNature's services

Question 7: As the existing system of public debt finance based on Bretton Woods is critical to the financial architecture, significant ________ would be required to realize this.
Monetary reformAustrian SchoolCentral bankFederal Reserve System

Question 8: This article is part of the series:
________ and Taxation
DebtBond (finance)FinanceFinancial market

Question 9: This has led to calls for universal ________ for poorer countries.
International Monetary FundBankruptcyDeveloping countries' debtDebt relief

Question 10: ________
Tax revenue as % of GDP
Tax rates around the worldValue added taxGovernment budget by countryTax haven


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