What is this countrys public debt as percentage of real gdp

Reference no: EM13686016

Presume that a country has no public debt in year 1 however experiences a budget deficit of $30 billion in year 2, a budget deficit of $30 billion in year 3, a budget surplus of $10 billion in year 4, and a budget deficit of $2 billion in year 5. What is the absolute size of its public debt in year 5? Instructions: Enter a value for the surplus or deficit as a whole number. Do not include a plus or minus sign. $ Billion if its real GDP in year 5 is $104 billion, what is this country’s public debt as a percentage of real GDP in year 5? Instructions: Round your answer to two decimal places. Percent

Reference no: EM13686016

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