Answer to Question #64215 in Macroeconomics for Teresa

Question #64215
Transfers to households are given by V and their ratio to GDP is denoted by v. What is then the dynamic equation for public debt ratio? (a) ∆b=g−t+(r−y)b (b) ∆b=g−v−t+(r−y)b (c) ∆b=g+v−t+(r−y)b (d) ∆b=g−t+(r−y−v)b (e) ∆b=g−t+(r−y+v)b
1
Expert's answer
2016-12-17T10:00:12-0500
The dynamic equation for public debt ratio is ∆b=g−v−t+(r−y)b, that`s why answer of this question is b).

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