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Lerner's view on debt financing is Internal debt creates no burden for the future generations. Future...

  1. Lerner's view on debt financing is

    Internal debt creates no burden for the future generations.

    Future generations bear a burden of external debt.

    Burden of debt can be transferred across generations.

    Government debt crowds-out the available funds for private sector.

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Answer #1

According to Lerner

Internal debt creates no burden for the future generations

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