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Policy Debates
Problems
Problem 3.1:
What is the budget deficit?
[Solution]
Problem 3.2:
Explain the traditionalist view of the budget deficit.
[Solution]
Problem 3.3:
Explain the Ricardian view of the budget deficit.
[Solution]
Problem 3.4:
Explain the fringe view of the budget deficit.
[Solution]
Problem 3.5:
What is the major way in which the national debt negatively impacts the
economy in the long run?
[Solution]
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