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    Exam 23: Fiscal Policy: a Summing up
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    The Debt- To- GDP Ratio Will Tend to Decline Over
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The Debt- To- GDP Ratio Will Tend to Decline Over

Question 9

Question 9

Multiple Choice

The debt- to- GDP ratio will tend to decline over time when:


A) the primary deficit increases.
B) the initial level of debt increases.
C) the primary surplus decreases.
D) r < g.
E) r > g.

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