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15.3 Federal deficits and the national debt  (Page 9/10)

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  • Card 9 / 10:
    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.

    The course author didn't provide an answer for this question

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Practice FlashCards 7 Key Terms 1

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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