Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 31, Problem 20CTQ

Describe how a plan for reducing the government deficit might affect a college student, a young professional, and a middle-income family.

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Students have asked these similar questions
How could the government lower the federal deficit?
What effect did the economic program have on the federal deficit?
How does the federal government finance a budget deficit? It prints more money. It purchases U.S. Treasury bonds. It cuts spending on entitlement programs. It borrows funds by selling Treasury bonds.

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Principles of Economics 2e

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