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Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
Edition 2ISBN: 978-0073511313Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
Edition 2ISBN: 978-0073511313 Exercise 9
Distinguish between the total U.S. debt and the debt held by the public. Why is the debt as a percentage of GDP more relevant than the total debt Contrast the effects of paying off an internally held debt and paying off an externally held debt.
Explanation
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Total U.S. Debt
It refers to the total ...
Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
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