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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