Solved

If a $10 Trillion Economy Is Growing at a Real

Question 10

Multiple Choice

If a $10 trillion economy is growing at a real rate of 2.5 percent a year, what must this economy do to maintain a constant debt-to-GDP ratio?


A) Run increasingly larger surpluses
B) Maintain a balanced budget
C) Have increasingly smaller deficits
D) Have increasingly larger deficits

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions