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    Economics Study Set 8
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    Exam 31: Deficits and Debt: the Austerity Debate
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    If the Federal Government Has a Budget Surplus in a Given
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If the Federal Government Has a Budget Surplus in a Given

Question 22

Question 22

Multiple Choice

If the federal government has a budget surplus in a given year, the national debt will:


A) decrease.
B) remain constant.
C) increase only if output is below potential output.
D) increase.

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