What effects do government borrowing and deficit finance have on the distribution of income and well-being? In your answer discuss the intergenerational effects of deficits and the impact of defi?cits on saving, investment, interest rates, and economic growth.
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Q16: From 1950 to 2009, the federal government
Q17: The outstanding federal debt will decline in
Q18: State and local governments are usually required
Q19: Deficit finance postpones taxation from the present
Q20: The federal budget has been in deficit:
A)every
Q22: As of 2019, interest payments on the
Q23: Other things being equal, a government budget
Q24: If the federal government runs a surplus
Q25: The National Income and Product Accounts budget
Q26: General obligation bonds of state and local
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