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melat telila
on Oct 13, 2024

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If our deficit falls steadily over the next five years our national debt will

A) increase at an increasing rate.
B) increase at a decreasing rate.
C) decrease at an increasing rate.
D) decrease at a decreasing rate.

Deficit

A financial situation where expenses exceed income or imports exceed exports.

National Debt

The total amount of money that a country's government has borrowed, by various means, to fund its expenditures beyond what it collects in taxes.

Decreasing Rate

A situation where the rate or speed of a process or value is diminishing over time.

  • Assess the impact of fiscal policy decisions on the national debt and budget deficits/surpluses.
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Amarpal SinghOct 19, 2024
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