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Econ Benchmark Review Flashcards | StudBud
Econ Benchmark Review
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National debt is different than government deficits in that
A
deficits include all debts owed over time with interest.
B
deficits only apply to monetary decisions madeby Congress.
C
debt only includes money owed for the current fiscalyear.
D
national debt is the sum of all past deficits plus interest.
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