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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 2
"The government shouldn't borrow so much," your uncle claims. "Look at that national debt! It's no different from someone borrowing on credit cards they can't pay." Is your uncle right? How is government debt spending like someone borrowing on a credit card? How is it not like someone borrowing on a credit card?
Explanation
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Budget:
It is a quantitative expression...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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