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Which of the following statements about fiscal deficit and federal debt is TRUE: Group of answer choices Deficits lead to lower borrowing costs for governments
Which of the following statements about fiscal deficit and federal debt is TRUE: Group of answer choices Deficits lead to lower borrowing costs for governments Governments cannot run deficits for an indefinite length of time The Canadian government has been running a federal deficit since the mid 1990s A deficit occurs when a government's spending and interest on the debt exceeds its revenues in a given year
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