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    Exam 17: Macroeconomics: Events and Ideas
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    Despite of the Budget Deficits That Resulted from the Fiscal
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Despite of the Budget Deficits That Resulted from the Fiscal

Question 26

Question 26

Multiple Choice

Despite of the budget deficits that resulted from the fiscal stimulus of 2009,:


A) the public debt decreased.
B) interest rates remained very low.
C) interest rates increased to record high levels.
D) crowding-out occurred.

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