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vellojo vellojo
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Posts: 2982
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7 years ago
Suppose a country has been running a persistent government budget deficit. If the deficit is reduced, but remains positive,
A) the country will experience a budget surplus.
B) government debt will increase.
C) government debt will decrease.
D) interest payments on the debt immediately will decrease.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
amishamish
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Posts: 475
7 years ago
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vellojo Author
wrote...
7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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