Answer: as a percentage of the available labour force more people are without jobs.
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Answer: generally true if the deficit stimulates output but doesn't mean current individual tax burdens are higher.
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Answer: it will push up interest rates if the government makes a decision that they should be higher either through direct central bank intervention or through voluntary debt issuing arrangements that allow this.
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Answer: be inflationary if the government payments to bond holders at maturity add more to nominal aggregate demand than the real economy can support given other policy settings.
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Answer: is an ineffective strategy because even if it increases individual productivity it just shuffles the jobless queue.
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