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Retnec Retnec
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6 years ago
Which of the following is a true statement regarding the public debt?
A) The public debt is the same thing as the federal budget deficit.
B) Taxpayers are not required to pay off the public debt but they must pay the interest on the public debt.
C) The fraction of the public debt owed to foreigners has been declining.
D) The size of the public debt has roughly doubled since World War II.
E) At present, interest payments on the debt are equal to about 10% of GDP.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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6 years ago
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Retnec Author
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6 years ago
this is exactly what I needed
gma_of_7
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
oscar520000
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2 hours ago
Correct Slight Smile TY
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