Economics · Public debt
The generally accepted criteria for public debt sustainability are: a. Debt should be nil during specified period. b. Future debt-GDP ratio should be reduced to a certain fraction of today's debt-GDP ratio. c. The debt-GDP ratio for the future can be fixed at today's ratio.
- 1a and b✓
- 2b and c
- 3a and c
- 4a, b and c
Correct answer
a and b
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