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True/False. Support your answer with a sentence.?
1. True/False. Support your answer with a sentence.?
1. An increase in a budget deficit financed by borrowing can increase interest r
rates and reduce investment spending thereby creating lower rates of economic gr
owth. 2. Although the chairman of its Board of Governors is appointed by the
Treasury Department, the Fed operates with considerable independence from the e
xecutive branch of the government. 3. The huge national debt of the United S
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