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DP ratio was stable at 78% (dt = dt-1 = .78), the Pakistani primary-deficit-to-GDP ratio was -1.56% (pdef2023 = -0.0156) and the real interest rate
DP ratio was stable at 78% (dt = dt-1 = .78), the Pakistani primary-deficit-to-GDP ratio was -1.56% (pdef2023 = -0.0156) and the real interest rate between 2022 and 2023 was 7.1% (r = .071). a) 1. What was the growth rate in real GDP between 2022 and 2023 that was consistent with a stable government-debt-to-GDP ratio? Show how you derive your results. 2. Under these circumstances, illustrate d2022 and d2023 on the phase diagram (dt as a function of dt-1). Make the graph very large
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