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In Any Given Year, the Government's Debt- Service Payments Are

Question 7

Multiple Choice

In any given year, the government's debt- service payments are equal to


A) (fiscal borrowing) x (the interest rate)
B) (government spending + tax revenue) x (the interest rate)
C) (government spending) x (the interest rate)
D) (government spending - tax revenue) x (the interest rate)
E) (total outstanding government debt) x (the interest rate)

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