The government can meet its interest bill without having to levy taxes if it issues more bonds and if the
A) economy's real growth rate of output is greater than the real interest rate.
B) economy's real growth rate of output is equal to the nominal interest rate.
C) economy's real growth rate of output equals or exceeds its real interest rate.
D) economy's nominal growth rate of output equals or exceeds its real interest rate.
Correct Answer:
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