QUESTION 13 If a country's GDP decreases, but its debt remain unchanged during that year, then the country's debt to GDP ratio for the year will in proportion to the magnitude of the changes. remain the same increase or decrease increase

QUESTION 13 If a country's GDP decreases, but its debt remain unchanged during that year, then the country's debt to GDP ratio for the year will in proportion to the magnitude of the changes. remain the same increase or decrease increase

Macroeconomics: Principles and Policy (MindTap Course List)

13th Edition

ISBN:9781305280601

Author:William J. Baumol, Alan S. Blinder

Publisher:William J. Baumol, Alan S. Blinder

Chapter16: Budget Deficits In The Short And Long Run

Section: Chapter Questions

Problem 1DQ

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