Is it possible for a nation to run budget deficits and still have its debt/GDP ratio fall?

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Is it possible for a nation to run budget deficits and still have its debt/GDP ratio fall? Explain your answer. Is it possible for a nation to run budget surpluses and still have its debt/GDP ratio rise? Explain your answer.

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 03:09 AM

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Is it possible for a nation to run budget deficits and still have its debt/GDP ratio fall? Explain your answer. Is it possible for a nation to run budget surpluses and still have its debt/GDP ratio...
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Is it possible for a nation to run budget deficits and still have its debt/GDP ratio fall?

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Yes a nation can run budget deficits and see its debtGDP ratio fall In fact thi...View the full answer

Principles Of Economics

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