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In country A the government's deficit is 10% of GDP, inflation is 5%, and the real growth rate is 7%. In country B the government
In country A the government's deficit is 10% of GDP, inflation is 5%, and the real growth rate is 7%. In country B the government deficit is 3% of GDP, inflation is 2%, and the real growth rate is 1%. In both countries, debt relative to GDP is stable. Which country has the highest debt ratio?
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