What is the relationship between the governments deficit and its debt?

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What is the relationship between the government’s deficit and its debt?

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:10 AM

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What is the relationship between the governments deficit and its debt?

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If the government has a budget deficit in the current year then it has to borrow the amo...View the full answer

Macroeconomics

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