All else constant,if the interest rate paid on government debt falls short of the GDP growth rate,
A) the debt-GDP ratio will rise from one year to the next.
B) the debt-GDP ratio will fall from one year to the next.
C) the debt-GDP ratio will remain unchanged from one year to the next.
D) the debt will rise more than the GDP growth rate from one year to the next.
Correct Answer:
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