Looking at their ratio of debt to GDP, which following five countries should be expected to face serious economic trouble in the future?
a. Fredonia: 40 percent
b. Syldavia: 70 percent
c. Borduria: 120 percent
d. Ruritania: 20 percent
e. Dystopia: 100 percent.
C
Economics
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Which of the following is NOT a benefit of economic growth?
A) reduction in illiteracy B) improved health C) urban congestion D) longer lives
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Was the money multiplier stable during the Great Recession? Why would an unstable money multiplier pose a problem for monetary policy?
What will be an ideal response?
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