If the federal government runs a budget deficit,but the budget deficit as a percent of GDP is less than the growth rate of real output,the

Name: If the federal government runs a budget deficit,but the budget deficit as a percent of GDP is less than the growth rate of real output,the
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A budget deficit as a percentage of GDP that is less than the growth rate of real output means that the economy is growing faster than the government's debt. Therefore, the national debt will decrease as a share of GDP.

If the Federal Government Runs a Budget Deficit,but the Budget