Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Scribs Scribs
wrote...
Go to Answer
Posts: 1074
Rep: 0 0
6 years ago
If the economy is growing 3% a year and the government increases the ratio of interest on the national debt to GDP, we may conclude that
A) the output ratio will fall.
B) additional interest payments exceed 3% of GDP.
C) tax revenues will fall.
D) the Laffer curve will be inoperable.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
Read 64 times
2 Replies
Replies
Answer verified by a subject expert
thecromthecrom
wrote...
#1
Top Poster
Posts: 1026
Rep: 13 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Scribs Author
wrote...
#2
6 years ago
This took a huge load off my back this semester
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1331 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 864
  
 67
  
 979
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Which country would you like to visit for its food?