Multiple Choice
Given a stable primary deficit to GDP ratio,Canada can reduce its dept-GDP ratio,if
A) the economic growth is higher than the interest rate paid on debt.
B) the economic growth is lower than the interest rate paid on debt.
C) the economic growth is the same as the interest rate paid on debt.
D) the economic growth is higher than the inflation rate.
Correct Answer:
Verified
Correct Answer:
Verified
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