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Last Year a Country's Real GDP Grew by 2%,it's Inflation

Question 34

Multiple Choice

Last year a country's real GDP grew by 2%,it's inflation rate was 3%,and it's government budget deficit was about $200 billion.It's debt-to-GDP ratio was unchanged.About what was it's debt at the start of last year?


A) 10.0 trillion
B) 6.7 trillion
C) 4 trillion
D) None of the above are correct.

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