Suppose that a country has an inflation rate of about 3 percent per year and a real growth rate of about 5 percent per year.Suppose also that it has nominal GDP of about 200 billion units of currency.What is the highest possible deficit it can have without raising the debt-to-income ratio?
A) just under 1 billion units
B) just under 9 billion units
C) just under 12 billion units
D) just under 16 billion units

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The Answer of Suppose that a country has an inflation rate of about 3 percent per year and a real growth rate of about 5 percent per year.Suppose also that it has nominal GDP of about 200 billion units of currency.What is the highest possible deficit it can have without raising the debt-to-income ratio?
A) just under 1 billion units
B) just under 9 billion units
C) just under 12 billion units
D) just under 16 billion units

Suppose That a Country Has an Inflation Rate of About