Question
Give correct answer with explanation... Otherwise I will give dislike Honduras government debt is USD 2300 billion at the end of year one. Let us
Give correct answer with explanation...
Otherwise I will give dislike
Honduras government debt is USD 2300 billion at the end of year one. Let us assume the primary balance budget in year 2 is USD - (minus) 170 billion. Furthermore, assume that interest expenditure on government debt is 7% of the debt. What is the interest payment on central government debt in year 2 in billions of USD?
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
