Which of the following can reduce the value of real public debt? Answer saved a. The central bank increases the policy rate above the economy's inflation rate; b. The government spends more than it collects in tax revenue; C. The government runs primary surpluses; O d. None of the above; e. A positive real interest rate;

Which of the following can reduce the value of real public debt? Answer saved a. The central bank increases the policy rate above the economy's inflation rate; b. The government spends more than it collects in tax revenue; C. The government runs primary surpluses; O d. None of the above; e. A positive real interest rate;

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter12: Federal Budgets And Public Policy

Section: Chapter Questions

Problem 3.6P

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