The Public Debt

question 51

Multiple Choice

The public debt

• A)is the sum of all past deficits less past surpluses of the government sector.
• B)results from the sum of the private and public demand for credit.
• C)may be reduced by the inflow of funds from abroad.
• D)has been declining since 1980 because of an increased awareness of the dangers of a large public debt.

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