If you divide nominal debt by nominal GDP and real debt by real GDP, you will get two different answers

a. True
b. False

B

Economics

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If the market in the figure above is a profit-maximizing single-price monopoly, the deadweight loss is the area ________

A) ABH B) BFGH C) ACG D) BCD E) ACE

Economics

The production possibilities frontier illustrates

a. the combinations of output that an economy should produce. b. the combinations of output that an economy should consume. c. the combinations of output that an economy can produce. d. All of the above are correct.

Economics