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Macroeconomics (2-downloads)

It’s the debt, stupid! Only when the government sets out a credible business plan will confidence and hir- ing rebound.

Source: The Wall Street Journal, October 7, 2010

  1. How has the U.S. government debt changed since 2006? What are the sources of the change in U.S. government debt?
  2. What would be a “credible business plan” for the government to adopt?

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