2. The total debt of the U.S. federal government a. is the same as the public debt....

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2. The total debt of the U.S. federal government

a. is the same as the public debt.

b. is measured by the difference between the government’s revenue and spending for a particular year.

c. increases when the government runs a budget deficit.

d. decreases when the government runs a budget deficit.

e. is measured by the size of its implicit liabilities.

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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Question Posted: Oct 16, 2024 10:00 AM

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2. The total debt of the U.S. federal government a. is the same as the public debt....

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Macroeconomics In Modules

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