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Business, 20.12.2019 21:31 joejoefofana
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4.
a. what is the absolute size of its public debt in year 4?
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Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion...
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