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Answer to Question #278125 in Macroeconomics for kassy

Question #278125

Suppose a country’s debt rises by 10% and its GDP rises by 12%.





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Expert's answer
2021-12-10T14:32:00-0500

If a country’s debt rises by 10% and its GDP rises by 12%, then the real increase of the economy is 12 - 10 = 2%.


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