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    Principles of Economics Study Set 11
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    Exam 28: Federal Budgets: the Tools of Fiscal Policy
  5. Question
    Why Is It Important to Distinguish Between Deficits and Debt
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Why Is It Important to Distinguish Between Deficits and Debt

Question 135

Question 135

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Why is it important to distinguish between deficits and debt?

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Budget deficits refer to revenue shortfa...

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