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If a country's GDP increases, but its debt decreases during that year, then the country's debt to GDP ratio for the year will _______________ in
If a country's GDP increases, but its debt decreases during that year, then the country's debt to GDP ratio for the year will _______________ in proportion to the magnitude of the changes. Question 3 options: a) increase because GDP increased b) decrease because its debt decreased c) increase or decrease d) decrease
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
