Using a diagram to illustrate your answer explain why the debt
to GDP ratio in an economy may explode over time when the real
interest rate is higher than the growth rate of real GDP. Explain
what a government can do in such a case to keep under control the
debt to GDP ratio.
Using a diagram to illustrate your answer explain why the debt to GDP ratio in an economy may explode over time when the
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Using a diagram to illustrate your answer explain why the debt to GDP ratio in an economy may explode over time when the
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