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According to the article entitled Why the Federal Budget is Not Like a Household Budget, a government with its own sovereign fiat currency: Question 28
According to the article entitled "Why the Federal Budget is Not Like a Household Budget", a government with its own sovereign fiat currency: Question 28 Answer a. Can create as much money as it wants, without any consequences b. Has a budget that resembles a household budget c. Is limited in its spending by the amount it can tax and/or borrow d. None of these answers is correct
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