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AP Macro Exam Review Game #2 Flashcards | StudBud
AP Macro Exam Review Game #2
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A country’s gov't runs a budget deficit when which of the following occurs in a given year?
A
Interest payments on the nat'l debt exceed spending on g/s
B
Debt owed to foreigners exceeds that owed to our citizens
C
Government spending exceeds tax revenues.
D
The amt borrowed exceeds the interest payment on nat'l debt
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