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    Macroeconomics Study Set 68
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    Exam 13: Fiscal Policy, Deficits, 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 278

Question 278

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

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