
Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860
Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 36
Assume that a country's real growth is 2 percent per year, while its real deficit is rising 5 percent a year.
a.an the country continue to afford such deficits indefinitely
b.hat problems might it face in the future
a.an the country continue to afford such deficits indefinitely
b.hat problems might it face in the future
Explanation
(a) A country can grow its debt at the r...
Macroeconomics 9th Edition by David Colander
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