Is the absolute size of the national debt or the national debt as a percent of GDP

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Is the absolute size of the national debt or the national debt as a percent of GDP the best measure of its importance to our economy? Explain.

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Core Macroeconomics

ISBN: 978-1464191435

3rd edition

Authors: Eric Chiang

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Question Posted: Dec 08, 2015 05:51 AM

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Is the absolute size of the national debt or the national debt as a percent of GDP

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The debttoGDP ratio is the measure that best illustrates the d...View the full answer

Core Macroeconomics

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