The debt ratio is the ratio of the debt to:
A) government spending.
B) income.
C) GDP.
D) taxes.
E) saving.
Correct Answer:
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Q31: Given nominal money growth, the amount of
Q32: The debt ratio will increase by more
Q33: The most extreme hyperinflation of the 20th
Q34: In the 20th century, the most extreme
Q35: If the government runs a primary deficit
Q37: What is a haircut?
A) The private sector
Q38: If the Ricardian equivalence proposition is correct,
Q39: In the short run, a fiscal expansion
Q40: Seignorage is equal to:
A) the percentage growth
Q41: The government budget constraint tells us that
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