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Economic growth

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Question 4

Table 1: Public debt and economic growth for selected economies

CountryPublic debt (% of GDP)Annual real GDP growth rate (%)
Chile385.2
Malaysia613.7
Canada1072.0
Spain1121.5
Greece1710.8

Using Table 1, explain the relationship between public debt (as a % of GDP) and the annual real GDP growth rate.

[4]

Economic growth Questions

  1. A Level
  2. /Economics
  3. /Economic growth