Holding Everything Else Constant,if Total Factor Productivity Increases,the Debt-To-GDP Ratio

question 43

Multiple Choice

Holding everything else constant,if total factor productivity increases,the debt-to-GDP ratio will ________,and if the labour force growth rate increases,the debt-to-GDP ratio will ________.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease

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