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In the country of Memphis, in order to balance the budget this year it's parliament decides to cancel $7 million worth of planned spending on
In the country of Memphis, in order to balance the budget this year it's parliament decides to cancel $7 million worth of planned spending on improving highways and national infrastructure. One reason that can be argued against a balanced budget law is
a.budget deficits and debt have little impact on an economy
.b.that the benefits from improved infrastructure were forgone
.c.that building for the future requires only accumulating debt today.
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