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Ellen
Ellen, Lawyer
Category: Homework
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6. The government can meet its interest bill without having

Resolved Question:

6. The government can meet its interest bill without having to levy taxes if it issues more bonds and if the
economy's nominal growth rate of output equals or exceeds its real interest rate.
economy's real growth rate of output is greater than the real interest rate.
economy's real growth rate of output equals or exceeds its real interest rate.
economy's real growth rate of output is equal to the nominal interest rate.


7. The conditions for joining the "Euro" single-currency block led a number of European countries to __________ and consequently reduce their debt-GDP ratios.
tighten monetary policy
loosen monetary policy
tighten fiscal policy
loosen fiscal policy
Submitted: 4 years ago.
Category: Homework
Expert:  Ellen replied 4 years ago.

WebLaw :


I am working on your answer. One moment please.

WebLaw :

6. if the economy's nominal growth rate of output equals or exceeds its real interest rate

WebLaw :

7. tighten monetary policy

WebLaw :

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