Economics · History of Economic Thought
Consider the following statements regarding philosopher David Hume's 18th century anxieties concerning public debt and the rise of stockholders: A. Hume was concerned because interest on government bonds was heavily funded by regressive taxation on productive labor. B. The ability of stockholders to quickly liquidate and transfer capital internationally threatened traditional civic and community bonds. C. Hume believed that financial market stockholders consistently prioritized long-term national sovereignty over short-term financial gains during wartime. Which of the statements given above are correct?
- 1All A, B, and C
- 2Only B and C
- 3Only A and C
- 4Only A and B✓
Correct answer
Only A and B
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on History of Economic Thought?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · History of Economic Thought