Suppose that in the year 2020 our national debt were $10 trillion and our budget defi cit

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Suppose that in the year 2020 our national debt were

$10 trillion and our budget defi cit were $300 billion.

If a plan to gradually reduce the defi cit and to balance the budget in the year 2030 were successful, make an estimate of the national debt in 2030. ( LO8 )

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Macroeconomics

ISBN: 123884

9th Edition

Authors: Stephen Slavin

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