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Which of the following statement is correct? A.The high employment budget deficit implies that increases in economic activity will not eliminate the actual deficit. B.More
Which of the following statement is correct? A.The high employment budget deficit implies that increases in economic activity will not eliminate the actual deficit. B.More than 50 percent of the outstanding government debt has been outside debt. C.Deficit to GDP declines during economic downturns. D.Government budget deficit increases supply of loanable fund.
A.The high employment budget deficit implies that increases in economic activity will not eliminate the actual deficit.
B.More than 50 percent of the outstanding government debt has been outside debt.
C.Deficit to GDP declines during economic downturns.
D.Government budget deficit increases supply of loanable fund.
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The Financial System Financial Regulation And Central Bank Policy
Authors: Thomas F. Cargill
1st Edition
1107035678, 9781107035676
