Why is repayment of state and local government debt more likely to drain purchasing power from citizens

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Why is repayment of state and local government debt more likely to drain purchasing power from citizens of state and local governments?

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Public Finance A Contemporary Application Of Theory To Policy

ISBN: 9780538754460

10th Edition

Authors: David N Hyman

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Question Posted: Aug 15, 2023 02:37 PM

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Why is repayment of state and local government debt more likely to drain purchasing power from citizens

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Repayment of state and local government debt can have a significant impact on draining purchasing power from citizens of those governments due to the ...View the full answer

Public Finance A Contemporary Application Of Theory To Policy

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