The dollar value of the U.S. public debt is the highest in U.S. history and the highest,

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The dollar value of the U.S. public debt is the highest in U.S. history and the highest, in absolute terms, in the world. Is this fact a reason to be concerned about the debt? Briefly explain.

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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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Question Posted: Feb 04, 2016 06:57 AM

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The dollar value of the U.S. public debt is the highest in U.S. history and the highest,

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The most important measures of the size of the debt are the debt to GDP ...View the full answer

Macroeconomics

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