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Increases in the debt-GDP ratio are primarily caused by

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Increases in the debt-GDP ratio are primarily caused by

Increases in the debt-GDP ratio are primarily caused by
A) increases in interest rates.
B) increases in government borrowing through bonds.
C) a high government deficit relative to GDP.
D) a high growth rate of GDP.

Textbook

Macroeconomics

Edition: 8^th

Authors: Abel, Bernanke, Croushore

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johnpaul92 Author

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8 years ago

Wow, you answered what I thought was impossible to answer, thank you!

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