Question: Please answer this question. D Question 75 1 pts Which of the following is NOT true? Countries with high deficits tend to have low debt-to-GDP
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D Question 75 1 pts Which of the following is NOT true? Countries with high deficits tend to have low debt-to-GDP ratios. Government bonds facilitates banking institutions as well as pension systems. The size of public debt matters only when the interest rate on government issued bonds are high. When deficit spending requires the government to borrow, interest rates are driven up, reducing consumer spending and business investment
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