Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
Question
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Chapter 15, Problem 7NP

a)

To determine

Current debt-GDP ratio and after 1,2,5 and 10 years.

b)

To determine

Current debt-GDP ratio and after 1,2,5 and 10 years when nominal interest rate on bond is 7% per year.

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