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Question
The U. S. debt is expected to reach 20trillion dollars in 10 years. The implication of that amount of debt on job creation is likely to bea. No appreciable impact
b. Stimulation of job creation because the money borrowed is place into the general economy and becomes a stimulant to job creation,
c. A slowing of job creation because of the need for the federal government to use tax money to service (pay the interest and pay back the money) the debt.
d. Unknown
Answer
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