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The budget deficit projections in this chapter include net

The budget deficit projections in this chapter include net interest on the debt, which depends on interest rates. Use the loanable funds model to explain what is likely to happen to interest rates and interest payments if the size of the deficit continues to increase.

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Macroeconomics: The budget deficit projections in this chapter include net

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Macroeconomics: The budget deficit projections in this chapter include net

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