If the debt to GDP ratio ________, or if the debt to broad-money-supply ratio _______, Exter’s Pyramid becomes __________, and the economy becomes _________. increases; decreases; less top heavy and more stable; less fragile because debt is controlled. decreases; increases; top heavy and more unstable; fragile as debt becomes unsustainable. increases; increases; top heavy and unstable; fragile because debt becomes unsustainable. decreases; decreases; less top heavy and more stable; more fragile and debt-ridden.

MACROECONOMICS FOR TODAY
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ISBN:9781337613057
Author:Tucker
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Chapter13: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 13SQ
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  1. If the debt to GDP ratio ________, or if the debt to broad-money-supply ratio _______, Exter’s Pyramid becomes __________, and the economy becomes _________.
  1. increases; decreases; less top heavy and more stable; less fragile because debt is controlled.
  2. decreases; increases; top heavy and more unstable; fragile as debt becomes unsustainable.
  3. increases; increases; top heavy and unstable; fragile because debt becomes unsustainable.
  4. decreases; decreases; less top heavy and more stable; more fragile and debt-ridden.
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