Business, 17.12.2021 04:30, PLEASEHELP4528
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $50 billion in year 2, a budget deficit of $30 billion in year 3, a budget surplus of $10 billion in year 4, and a budget deficit of $2 billion in year 5. a. What is the absolute size of its public debt in year 5? Instructions: Enter your answer as a whole number. For the absolute size of its public debt, enter your answer as a positive number. b. If its real GDP in year 5 is $104 billion, what is this country’s public debt as a percentage of real GDP in year 5? Instructions: Round your answer to 2 decimal places.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 21:50, Chloe0095
Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.
Answers: 3
Business, 23.06.2019 11:10, elysabrina6697
If canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the us has an abundance of cleaning solutions but consumers are demanding more paper products, how would trade benefit both countries? trade would assist both countries by creating excess demand. trade would assist both countries by strengthening their natural resources. trade would assist both countries to both reduce excess supply and satisfy market demand.
Answers: 3
Do you know the correct answer?
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $50 billion...
Questions in other subjects:
History, 28.07.2019 12:00
Mathematics, 28.07.2019 12:00
Biology, 28.07.2019 12:00
Physics, 28.07.2019 12:00
Biology, 28.07.2019 12:00
