Researchers believe that the economy grows at least one percentage point less annually when:
a. the ratio of public debt to GDP exceeds 90 percent for at least five years in a row.
b. the ratio of public debt to GDP exceeds 50 percent for at least two years in a row.
c. the growth rate of population falls for at least five years in a row
d. the rate of inflation is below 4 percent for at least two years in a row.
e. the growth rate of real interest rates falls for at least five years in a row.
a
You might also like to view...
By lowering the legal reserve requirement, the Fed restricts banks' abilities to make loans
Indicate whether the statement is true or false
A depreciation of a nation's currency is
A) a situation in which exchange rates are allowed to fluctuate in the open market in response to changes in supply and demand. B) the increase in the exchange value of one nation's currency in terms of an other nation. C) a nation in which households, firms, and governments buy and sell national currencies. D) the decrease in the exchange value of one nation's currency in terms of another nation.