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United StatesEconomicsQuick questions

Unit 5: Long-Run Consequences of Stabilization Policies

Quick questions on Deficits and the national debt - AP Macroeconomics Topic 5.4

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Is the national debt a stock or a flow? What about the deficit? [2 points]
What is q2?
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How does a persistent deficit affect the real interest rate? [1 point]

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