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Business, 12.02.2022 01:00 Momorin5625

Which statements accurately describe debts and deficits? Select all that apply. The deficit is the amount a government spends above what it brings in
The government's debt represents how much it owes from borrowing to pay for expenditures.
* Deficits cause debt to decrease.
Deficits cause debt to increase.
Debt is free and has few consequences for the government.
Debt requires a government to pay back more than it has borrowed.

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