AwkwardSoul7905 AwkwardSoul7905
  • 19-03-2024
  • Business
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If the annual interest payments on the debt sharply increased as a percentage of the GDP, the government would have to:
a. increase tax revenues or go deeper into debt.
b. decrease tax revenues or go deeper into debt.
c. reduce government spending to balance the budget.
d. None of the above

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