Chapter 30 - Kylie Fett Introduction to Macroeconomics John Fletcher Chapter 30 Exercises 4 When the economy enters into recession net tax revenue

Chapter 30 - Kylie Fett Introduction to Macroeconomics John...

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Kylie Fett Introduction to Macroeconomics John Fletcher Chapter 30 Exercises 9a. False. This refers to question 8. 9b. The statement is true about a national debt held internally, but this does not mean a large debt is entirely problem free. 9c. False, the Federal Reserve and Federal government held only 43 percent of the public debt in 2009. 9d. True, the public debt was 46.7% of GDP in 2009, about 30% in 2000. 9e.

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