Eastlandia's GDP in 2021 is $17353. Governmerit budget deficit in 2021 is $68.2. Government debt at the end of 2020 is $915, on which it has to pay an interest rate of 3 percent. Government debt at the end of 2021 is $

Eastlandia's GDP in 2021 is $17353. Governmerit budget deficit in 2021 is $68.2. Government debt at the end of 2020 is $915, on which it has to pay an interest rate of 3 percent. Government debt at the end of 2021 is $

Macroeconomics: Principles and Policy (MindTap Course List)

13th Edition

ISBN:9781305280601

Author:William J. Baumol, Alan S. Blinder

Publisher:William J. Baumol, Alan S. Blinder

Chapter16: Budget Deficits In The Short And Long Run

Section: Chapter Questions

Problem 1DQ

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Question

Eastlandia's GDP in 2021 is $17353. Governmert budget deficit in 2021 is $68.2.
Government debt at the end of 2020 is $915, on which it has to pay an interest rate of 3
percent.
Government debt at the end of 2021 is $
Do not enter $ sign. Round to two decimal places if required.

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