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

  • 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
jamb 2019economics

The correct answer is D. not covered by any real asset

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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