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Which of the following could explain why the size of the US Treasury market was shrinking during the late 1990's? Select all that apply. Group

Which of the following could explain why the size of the US Treasury market was shrinking during the late 1990's? Select all that apply.

Group of answer choices

A strong economy in the late 1990s increased federal tax revenues

China was unwilling to buy many Treasury bonds during this time so the Treasury didn't bother issuing them

The Fed was buying an enormous amount of Treasury bonds to facilitate high government spending

Tax increases and spending cuts decreased the federal deficit

None of these

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