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A perennial debate is whether federal budget deficits lead to higher interest rates. the following table gives some historical data on deficits is the difference
A perennial debate is whether federal budget deficits lead to higher interest rates. the following table gives some historical data on deficits is the difference between revenues and expenditures measured in current dollars; a negative figure is a deficit, and a positive figure is a surplus. on the basis of these data, what inference could you make about thr relationship between federal deficits and interest rates? explain why inferences based on these data alone might be problematic.
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