In which of the following cases does the size of the governments debt and the size of
Chapter 0, Problem 3(choose chapter or problem)
In which of the following cases does the size of the governments debt and the size of the budget deficit indicate potential problems for the economy? a. The governments debt is relatively low, but the government is running a large budget deficit as it builds a high-speed rail system to connect the major cities of the nation. b.The governments debt is relatively high due to a recently ended deficit-financed war, but the government is now running only a small budget deficit. c. The governments debt is relatively low, but the government is running a budget deficit to finance the interest payments on the debt.
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