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Accumulating debt can be a problem for the federal government because: Question 10 options: 1) it is currently in danger of defaulting on the debt.
Accumulating debt can be a problem for the federal government because: Question 10 options: 1) it is currently in danger of defaulting on the debt. 2) a large debt-to-GDP ratio causes crowding out. 3) purchases of roads and bridges add burden but no benefit to the economy. 4) raising the money to borrow is difficult
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
