Table 15.3 Cordelia Saldinia $$\begin{array} { | l | r | r | } \hline \text { Debt-to-cDP ratio } & 172 \% & 65 \% \ \hline \text { Average annual ecanmaic growth } & & \ \text { unt } & 4.7 \% & 3.2 \% \ \hline \text { Average influtim rate } & 6.3 \% & - 0.3 \% \ \hline \text { Average nominal interest rate } & 2.5 \% & 4.6 \% \ \hline \end{array}$$ The above table contains data for the nations of Cordelia and Saldinia for 2012. Assume seigniorage is zero. -Refer to Table 15.3.Based on the data in the table,the primary budget deficit necessary to make fiscal policy sustainable in Saldinia is ________ of GDP.

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The Answer of Table 15.3 Cordelia Saldinia $$\begin{array} { | l | r | r | } \hline \text { Debt-to-cDP ratio } & 172 \% & 65 \% \ \hline \text { Average annual ecanmaic growth } & & \ \text { unt } & 4.7 \% & 3.2 \% \ \hline \text { Average influtim rate } & 6.3 \% & - 0.3 \% \ \hline \text { Average nominal interest rate } & 2.5 \% & 4.6 \% \ \hline \end{array}$$ The above table contains data for the nations of Cordelia and Saldinia for 2012. Assume seigniorage is zero. -Refer to Table 15.3.Based on the data in the table,the primary budget deficit necessary to make fiscal policy sustainable in Saldinia is ________ of GDP.

Table 153 Cordelia Saldinia The Above Table Contains Data for the Nations of Cordelia

Table 153
Cordelia Saldinia The Above Table Contains Data for the Nations of Cordelia