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Business, 24.07.2020 16:01 OkK1510

If the economy is in a recession, A. Larger deficits will decrease the national debt.
B. Deficit spending will not increase the size of the debt because interest rates will be falling.
C. The economy suffers from structural unemployment, which can be alleviated by debt refinancing.
D. It is operating inside the production possibilities curve, and the opportunity cost of deficit spending is zero.

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If the economy is in a recession, A. Larger deficits will decrease the national debt.
B. Def...
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