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The National Debt Differs from Consumer Debt in That

Question 32

Multiple Choice

The national debt differs from consumer debt in that


A) no interest is paid on the national debt.
B) the national debt is of no economic consequence.
C) most of the national debt is held by foreigners.
D) the national debt influences the amount of aggregate spending.
E) the national debt need never be paid off if it is held internally.

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