Suppose a country has a national debt of $5,000 billion, a gdp of $20,000 billion, and a budget surplus of $130 billion. how much will its new national debt be?

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asked Aug 25, 2018 168k views

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Denny Lee · Answer 1 · 2018-08-30T22:55:39+0000

a contractionary fiscal policy that will shift the aggregate demand curve to the left by an amount equal to the initial change in investment times the spending multiplier.

Suppose a country has a national debt of $5,000 billion, a gdp of $20,000 billion, and a budget surplus of $130 billion. how much will its new national debt be?

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