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    Exam 15: Sustained Budget Deficits: Is This Any Way to Run a Government
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    As a Result of the National Debt, Marginal Tax Rates
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As a Result of the National Debt, Marginal Tax Rates

Question 53

Question 53

Multiple Choice

As a result of the national debt, marginal tax rates will be higher than otherwise. These higher marginal tax rates may result in:


A) decreased work incentives.
B) decreased saving.
C) decreased investment.
D) All of the above.

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