Compute new level of national debt and debt-GDP ratio

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Reference no: EM131095623

Suppose a country has a national debt of $5,000.0 billion, a GDP of $10,000.0 billion, and a budget deficit of $100 billion.

a. How much will its new national debt be?

b. Compute its debt-GDP ratio.

c. Compute its new level of national debt and its new debt-GDP ratio.

Reference no: EM131095623

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