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    Economics Principles and Policy Study Set 1
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    Exam 33: Budget Deficits in the Short and Long Run
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    The National Debt
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The National Debt

Question 26

Question 26

Multiple Choice

The national debt


A) is increased by budget surpluses.
B) is the value of the government's indebtedness at a moment in time.
C) exceeded $20 trillion in 2014.
D) All of the above are correct.

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