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Retnec Retnec
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6 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

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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6 years ago
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