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Economist Paul Krugman calculated that a sustainable [government budget] deficit would be around $460 billion. Which of the following is consistent with the definition of

Economist Paul Krugman calculated that "a sustainable [government budget] deficit would be around $460 billion." Which of the following is consistent with the definition of a "sustainable deficit"?

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The deficit/GDP ratio equals the debt/GDP ratio.

The debt/GDP ratio is rising.

The debt/GDP ratio is constant or falling.

The interest rate on the debt is higher than the rate of economic growth.

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