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Source: https://drive.google.com/file/d/1Rv1IB2fMm_JLtK3hiy45afiwDg2bkQfd/view?usp=sharing Part One: Background Information Answer the following based on the background reading in the Mini-Q: 1) What happens when tax revenue is greater
Source: https://drive.google.com/file/d/1Rv1IB2fMm_JLtK3hiy45afiwDg2bkQfd/view?usp=sharing
Part One: Background Information Answer the following based on the background reading in the Mini-Q: 1) What happens when tax revenue is greater than government spending? Has this happened in the last fifty years? 2) When people buy government bonds, what agreement are they making with the government? In other words, what can that person expect to get in exchange for buying the bond? 3) What major players hold large portions of the U.S. national debt? Part Two: Source Analysis In the table below, identify the following information using the linked sources above. Your answers should be around 2 sentences in length: 1) According to the source, should we be concerned with the national debt? Your answer can be yes, no, or \"it depends.\" 2) What evidence does this source provide that could help you answer the question of how concerned we should be about national debt?Step by Step Solution
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