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Question 1: If a $10 trillion economy is growing at a real rate of 2.5 percent a year, what must this economy do to maintain
Question 1: If a $10 trillion economy is growing at a real rate of 2.5 percent a year, what must this economy do to maintain a constant debt-to-GDP ratio?
a) Have increasingly larger deficits
b)Run increasingly larger surpluses
c)Maintain a balanced budget
d)Have increasingly smaller deficits
Thank you so much!
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