Large budget deficits __________. a.) reduce the value of domestic currency b.) help alleviate the national debt c.) occur when tax revenues are greater than government spending d.) Decrease the interest rate
Large budget deficits __________. a.) reduce the value of domestic currency b.) help alleviate the national debt c.) occur when tax revenues are greater than government spending d.) Decrease the interest rate
Chapter13: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 4SQP
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Question
Large budget deficits __________.
-
a.)
reduce the value of domestic currency
-
b.)
help alleviate the national debt
-
c.)
occur when tax revenues are greater than government spending
-
d.)
Decrease the interest rate
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