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Question 5 Analyse the risks and benefits of the public debt using the appropriate modelling framework. The answer must be based on Burda & Wyplosz

Question 5 Analyse the risks and benefits of the public debt using the appropriate modelling framework. The answer must be based on Burda & Wyplosz (2009), Mishkin (2013), and Bowdler & Esteves (2013). [50 marks] End of Paper

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