Evaluate the following claim: To reduce the debt-GDP ratio, governments must maintain primary surpluses.

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:59 AM

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Evaluate the following claim: To reduce the debt-GDP ratio, governments must maintain primary surpluses.

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This is not necessarily true The answer depends on the size of the interest rate pai...View the full answer

Macroeconomics

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