Suppose a countrys debt rises by 10% and its GDP rises by 12%. a. What happens to

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Suppose a country’s debt rises by 10% and its GDP rises by 12%.

a. What happens to the debt-GDP ratio?

b. Does the relative level of the initial values affect your answer? P-963

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Principles Of Macroeconomics

ISBN: 9780691170817

1st Edition

Authors: Libby Rittenberg, Timothy Tregarthen

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Question Posted: Nov 08, 2024 08:00 AM

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Suppose a countrys debt rises by 10% and its GDP rises by 12%. a. What happens to

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Principles Of Macroeconomics

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