It is most likely that the federal government will never actually pay off the national debt.
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Q24: Contractionary fiscal policies used to reduce the
Q25: Structural budget deficit is the hypothetical deficit
Q26: Falling GDP leads to higher transfer payments
Q27: In the long run, the economy will
Q28: Structural budget surplus is the hypothetical surplus
Q30: Deficit spending boosts aggregate demand.
Q31: In 2009, the Social Security System ran
Q32: The central bank is said to monetize
Q33: The portion of national debt owned by
Q34: Crowding out occurs when deficit spending by
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