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2 years ago
The burden of the public debt is greater
A) when a larger fraction of the debt is owed to foreigners, and interest payments on the debt are growing more rapidly than GDP.
B) when a smaller fraction of the debt is owed to foreigners, and interest payments on the debt are growing more rapidly than GDP.
C) when a larger fraction of the debt is owed to foreigners, and interest payments on the debt are growing more slowly than GDP.
D) when a smaller fraction of the debt is owed to foreigners, and interest payments on the debt are growing more slowly than GDP.
Textbook 

Introduction to Economic Reasoning

Edition: 8th
Author:
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2 years ago
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