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A Government's Budget Deficit Is Equal to

Question 68

Multiple Choice

A government's budget deficit is equal to


A) the change in the value of bonds issued plus the change in the money supply.
B) the change in the value of bonds issued minus the change in the money supply.
C) the change in the money supply minus the change in the value of bonds issued.
D) either the change in the value of bonds issued or the change in the money supply.

Correct Answer:

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