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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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