question archive What are the potential macroeconomic problems caused by large deficits and a large national debt? What economic conditions might justify deficit spending and increasing the debt?

What are the potential macroeconomic problems caused by large deficits and a large national debt? What economic conditions might justify deficit spending and increasing the debt?

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What are the potential macroeconomic problems caused by large deficits and a large national debt? What economic conditions might justify deficit spending and increasing the debt?

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