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4.5.3 Public sector finances

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Question 14

In 2023, it was estimated that Japan's gross national debt was approximately 261% of its GDP, while Canada's national debt stood at around 107% of its GDP.

Evaluate the macroeconomic effects of alternative policies a government might adopt to reduce its national debt-to-GDP ratio. Refer to a developed economy of your choice in your answer.

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4.5.3 Public sector finances Questions

  1. A Level
  2. /Economics
  3. /4.5.3 Public sector finances