Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 29 Oct 2017 My Price 3.00

Primary Surpluses, and Government Debt

Interest Rates, Primary Surpluses, and Government Debt. The gap between taxes and spending, excluding interest on the debt, is known as the primary surplus. Suppose there is $100 million of outstanding public debt. Show that a primary surplus of $10 million with an interest rate of 10 percent has the same consequence for next years debt level as a primary surplus of $5 million and an interest rate of 5 percent.

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Maurice Tutor
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Status NEW Posted 29 Oct 2017 07:10 AM My Price 3.00

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