65.If a nation experiences an output shock and wishes to borrow to smooth consumption, how much of the loss is the nation able to borrow and still maintain the long-run budget constraint? QUE 100% of the output shock 20% of the output shock a percentage of the shock to GDP equal to 1/(1 + r), where r is the world long-run real interest rate D) A nation in such a position is better off not to borrow because it might get into financial trouble