If the U.S.-debt-to-GDP ratio were 100% and if the interest rate on the debt were 5% (not

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If the U.S.-debt-to-GDP ratio were 100% and if the interest rate on the debt were 5% (not far from the truth at present), then what fraction of U.S. GDP would go toward paying interest on the debt?

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Modern Principles Of Economics

ISBN: 9781319245399

5th Edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Feb 16, 2023 06:03 AM

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If the U.S.-debt-to-GDP ratio were 100% and if the interest rate on the debt were 5% (not

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Modern Principles Of Economics

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