If Real Output Grows at 3 Percent Per Year and the Inflation

question 113

True/False

If real output grows at 3 percent per year and the inflation rate is 3 percent per year then government debt can grow by 6 percent per year and not increase the ratio of debt to income.

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Definitions:

Impression Management

The process by which people attempt to control the perceptions others have of them.

Exemplification

The act of showing or illustrating by example.

High Consensus

A situation where there is widespread or unanimous agreement among members of a group or organization.

External Causes

Factors or influences originating outside an individual or system that affect behavior, actions, or outcomes.