the govemment debt Please round to 2 decimal places if needed. Be sure to include a negative sign (-) lit isa decrease and do not include a dollar sign (S when answering

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter16: Budget Deficits In The Short And Long Run
Section: Chapter Questions
Problem 1DQ
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Assume a governement starts with zera debt. This government then runs an annual dehcit for 20 years of 1a351. At the end of those 20 yearn, what would be amount of
the govermment debt Please round to 2 decimal places if needed. Be sure to include a negative sign (-) ie is a decrease and do not inchude a dollar sign (Si when
answering
Transcribed Image Text:Assume a governement starts with zera debt. This government then runs an annual dehcit for 20 years of 1a351. At the end of those 20 yearn, what would be amount of the govermment debt Please round to 2 decimal places if needed. Be sure to include a negative sign (-) ie is a decrease and do not inchude a dollar sign (Si when answering
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