Multiple Choice
Consider two economies,A and B.Economy A has a stock of government debt equal to $800 billion,while Economy B has a stock of government debt equal to $22 billion.In order to determine the economic importance of these government debt loads in the respective economies,it is necessary to know ________ for each economy.
A) the level of government expenditures
B) the net tax rate
C) the primary budget deficit
D) the GDP
E) the stance of monetary policy
Correct Answer:
Verified
Correct Answer:
Verified
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