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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 4
Circle the letter that corresponds to the best answer. Which statement is true?
A) About one-third of the national debt is rolled over (or refinanced) every year.
B) The national debt is doubling every 10 years.
C) Unless we balance the budget within the next 5 years, the United States stands a good chance of going bankrupt.
D) None of the above.
A) About one-third of the national debt is rolled over (or refinanced) every year.
B) The national debt is doubling every 10 years.
C) Unless we balance the budget within the next 5 years, the United States stands a good chance of going bankrupt.
D) None of the above.
Explanation
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Verified
Out of the given statements, none of the...
Macroeconomics 11th Edition by Stephen Slavin
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