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    Exam 22: Fiscal Policy: a Summing up
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    The Debt Ratio Will Increase by More in Any Given
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The Debt Ratio Will Increase by More in Any Given

Question 12

Question 12

Multiple Choice

The debt ratio will increase by more in any given year when


A) the real interest rate is lower.
B) the growth rate of GDP is higher.
C) the initial debt ratio is greater.
D) all of the above
E) none of the above

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