What is the absolute size of the public debt in year 4

Reference no: EM13192565

Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget deficit of $20 billion in year 3, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4. What is the absolute size of its public debt in year 4?
If its real GDP in year 4 is $104 billion, what is this country's public debt as a percentage of real GDP in year 4?

Reference no: EM13192565

Questions Cloud

Develop a fact-finding plan including interviews : Design a questionnaire that will go to a sample of Kahuna Cleaning Supply customers to find out if they were satisfied with the sales and ordering process.

Find the magnitude of the horizontal and vertical components : A rifle bullet is fired into the air with a velocity of 700 feet per second at an angle of 65 degrees from the horizontal. Find the magnitude of the horizontal and vertical components of the velocity vector.

What was the speed on each part of the trip : During the first part of a trip, a canoeist travels 98 miles at a certain speed. the canoeist travels 44 miles on the second part of the trip at a speed 5 mph slower. the total time for the trip is 3 hours. what was the speed on each part of the t..

Write an exponential function to model : an initial population of 370 quail increases at an annual rate of 18% write an exponential function to model the quail population and what will the approximate population be after 4 years?

What is the absolute size of the public debt in year 4 : Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget deficit of $20 billion in year 3, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4.

What is the equadric formula : what is the equadric formula for $1000.00 worth of stock with a 10% annual interest increase?

What samples should be taken : A pollster wants to determine the difference between the proportions of high-income voters and low-income voters who support a decrease in the capital gains tax. If the answer must be known to within 0.2 at the 95% confidence level and the sample ..

Define what is the reaction quotient q : The following reaction was carried out in a 2.50L reaction vessel at 1100 K: C(s)+H2O(g)?CO(g)+H2(g) If during the course of the reaction, the vessel is found to contain 5.25mol of C

Consider a 30-cm-diameter spherical watermelon : Consider a 30-cm-diameter spherical watermelon that is cut into two equal parts and put into a freezer at -12oC. Initially the entire watermelon is at a uniform temperature of 25oC and the heat transfer coefficient on the surface is 30 W/m2oC.

User Account

All Pages