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True or False
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1
The Joint Committee on taxation concluded that the Bush tax cuts would hurt long term economic growth.
A)True
B)False
2
The federal government finances a budget deficit by printing up the money.
A)True
B)False
3
A cyclical budget is made worse by a slow down in economic growth.
A)True
B)False
4
The major risk of running budget deficits is inflation.
A)True
B)False
5
The only way to reduce the national debt is to stop running budget deficits.
A)True
B)False





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