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Decide whether each of the following statements makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning. Assume tax rates and policies.
When I calculated carefully, I found that it was cheaper for me to buy a house than to continue renting, even though my rent payments were lower than my new mortgage payments.
This statement doesn't make sense because the precision of this federal deficit for the next year is less than . This is not small money, and it cannot be predicted to this precision, so this is not credible.
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