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-Suppose That Initially There Is No Public Debt

Question 54

Multiple Choice

-Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in Year 3? A) 1.7 percent B) 2.0 percent C) 7.7 percent D) 5.9 percent
-Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in Year 3?


A) 1.7 percent
B) 2.0 percent
C) 7.7 percent
D) 5.9 percent

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