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Roar Roar
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7 years ago
A higher deficit in the current year will lead to increased debt in the future only if
A) the deficit is greater than the previous year's deficit.
B) the deficit-to-GDP ratio is greater than the debt-to-GDP ratio.
C) it causes a drop in private saving.
D) it causes an increase in private saving.
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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7 years ago
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Roar Author
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#2
6 years ago
Thank you kind sir
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