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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 12: Federal Budgets and Public Policy
  5. Question
    Until 1980,the National Debt Was Mostly the Result Of
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Until 1980,the National Debt Was Mostly the Result Of

Question 126

Question 126

Multiple Choice

Until 1980,the national debt was mostly the result of:


A) wartime borrowing.
B) inflation.
C) bad monetary policy.
D) wasteful Congressional spending.
E) Social Security obligations.

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