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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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    Until About 1983, Almost All of the U
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Until About 1983, Almost All of the U

Question 125

Question 125

Multiple Choice

Until about 1983, almost all of the U.S.national debt stemmed from


A) financing wars.
B) bank failures.
C) development assistance programs.
D) tax cuts.

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