Ask a New Question

If GDP increases by 5 percent in the same that the deficit is run, What happens to gross debt as a percentage of GDP? What happens to the level of debt held by the public as a percentage of GDP?

deficit was $300 billion

Similar Questions

Which goals are you required to meet in this situation? Check all that apply.I cannot raise taxes. I must cut Social Security by
1. 1 answer
There is a trade-off between the objective of reducing a trade deficit and the objective of reaching full employment
1. 1 answer
If a government of a country with a zero trade balance increases its budget deficit, then the real exchange ratea. depreciates
1. 1 answer
b. Now suppose that the gross national debt initially is equal to $2.5 trillion and the federal government then runs a deficit
1. 1 answer

more similar questions