6. Find the largest nominal deficit that the government can run without raising the debtGDP ratio, under
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6. Find the largest nominal deficit that the government can run without raising the debt–GDP ratio, under each of the following sets of assumptions:
a. Nominal GDP growth is 10% and outstanding nominal debt is 1000.
b. Real GDP is 5,000 and remains constant, nominal GDP is initially 10,000, inflation is 5%, and the debt-GDP ratio is 0.6
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