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Last Year a Country's Real GDP Grew by 4%,it's Inflation

Question 37

Multiple Choice

Last year a country's real GDP grew by 4%,it's inflation rate was 2.5%,and it's government budget deficit was about $250 billion.It's debt to GDP ratio was unchanged.About what was it's debt at the start of last year?


A) 16.7 trillion
B) 10.0 trillion
C) 6.25 trillion
D) 3.85 trillion

Correct Answer:

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