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The rate of growth in the Debt to nominal GDP ratio depends on the growth rate in Debt, real GDP, and the price level. Why would one say that inflation is similar to a tax when the government runs a positive public debt?
Group Development
The process through which a team evolves over time, typically moving through stages such as forming, storming, norming, performing, and adjourning.
Group's Composition
The makeup or structure of a group, including the number and characteristics of its members.
Group Development
The stages that groups typically go through from their formation to their dissolution, including forming, storming, norming, performing, and adjourning.
Redefining
The act of revising or giving a new meaning to something, often in response to changes in context or perspective.
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