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Mathematics, 07.05.2020 07:59 katiemaley19

Suppose that a country has no public debt in year 1 but experiences a budget deficit of $30 billion in year 2, a budget deficit of $30 billion in year 3, a budget surplus of $20 billion in year 4, and a budget deficit of $2 billion in year 5. a. What is the absolute size of its public debt in year 5

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Suppose that a country has no public debt in year 1 but experiences a budget deficit of $30 billion...
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