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    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 13: B: Fiscal Policy, Deficits, Surpluses, and Debt
  5. Question
    The Public Debt Is the Accumulation of All Deficits and Surpluses
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The Public Debt Is the Accumulation of All Deficits and Surpluses

Question 230

Question 230

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The public debt is the accumulation of all deficits and surpluses which have occurred through time.

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