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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Yes it is possible for a nation to run budget deficits and still have its debtGDP ratio fall and it is also possible for a nation to run budget surplu...View the full answer
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