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★ѕραndavir ★ѕραndavir
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6 years ago
If the inflation rate is 7 percent, real GDP growth is 2 percent, and the current budget deficit is $100 billion, what must the current national debt be if the debt-GDP ratio is to remain the same?
A) $1,111 billion
B) $2,000 billion
C) $1,429 billion
D) $5,000 billion
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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6 years ago
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Brilliant
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