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Theory suggests that higher deficits lead to higher interest rates and less capital investment. Which of the following is consistent with recent observations? O Large

Theory suggests that higher deficits lead to higher interest rates and less capital investment. Which of the following is consistent with recent observations? O Large recent increases in public debt have not resulted in higher interest rates in the United States. No studies have ever found a relationship between long-term deficits and interest rates. The government debt of the United States is no longer considered safe. O Large recent increases in public debt have resulted an increase in interest rates in the United States

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