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Vika [28.1K]
3 years ago
7

A constant debt-to-GDP ratio in a growing economy is consistent with:

Business
1 answer:
Cloud [144]3 years ago
5 0
Is consistent with : a continual surplus

Debt-to-GDP ratio represent the ratio between a country's government debt and its GDP. Low debt to GDP ratio indicates an economy which could produce a great amount of goods and service while still able to pay their debt.

If the debt to GDP ratio is constant while the economy is growing, it's mean that that country always has a surplus.
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A.

The output will rise by more than it did when the previous unit was added.

Explanation:

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When firms originate, produce, and market their products and services worldwide, it is referred to as:_______.
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The average management fee for all mutual funds is:
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4 years ago
If you place a part of your summer earnings in a savings account, you are using money primarily as a
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You are using money primarily as a : Store of value

Money as a store of value is something that maintains its worth both in the present and in the future, with money being one such commodity in modern.

When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.

Other characteristics of money includes :

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Hence, you are using money primarily as a store of value if you place a part of your summer earnings in a savings account.

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