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Business, 25.12.2020 18:50 10040813

Suppose the budget deficit is rising 3 percent per year and nominal GDP is rising 5 percent per year. The debt created by these continuing deficits is a. not sustainable, and the future burden on future generations cannot be offset. b. not sustainable, but the future burden on future generations can be offset if the current generation saves enough for them. c. sustainable, and the future burden on future generations can be offset if the current generation saves enough for them. d. sustainable, but the future burden on future generations cannot be offset.

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