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    Macroeconomics Study Set 39
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    Exam 19: Government Debt and Budget Deficits
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    In 2014, the United States Had Budget Deficit of $483
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In 2014, the United States Had Budget Deficit of $483

Question 22

Question 22

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In 2014, the United States had budget deficit of $483 billion. Some economists say that this deficit is understated. Why do they say this?

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When calculating budget deficit, many of...

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