Chat with us, powered by LiveChat economics Archives | Page 14 of 34 | Wridemy

 We are at time t. Assume that the growth rate of the economy is 1% (g = 0.01) and that the real interest rate is 6% (r = 0.06). Knowing that Br/Y-1 = 1.20 and (Gt - T.)/Y, =-0.03, compute the value that the debt...