-Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in Year 4?
A) 5.8 percent
B) 7.8 percent
C) 3.6 percent
D) 2.0 percent
Correct Answer:
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Q61: One mechanism through which increasing public debt
Q63: An increase in the public debt would
Q64: If the net public debt expanded last
Q65: Some economists believe that deficit spending can
Q67: Gross public debt minus all government interagency
Q68: Net public debt is
A) all federal public
Q71: Media reports often suggest that the increasing
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