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What Is the Relationship Between Deficit and Debt

Question 55

Multiple Choice

What is the relationship between deficit and debt?


A) Deficits require people to consume at the expense of their children.
B) If the government uses funds to pay for useful programs, on net the debt need not burden future generations.
C) If the government runs a deficit, it is necessarily in debt.
D) High deficit implies high debt. n.

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