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 Fill in the blanks in the table

Economics

 Fill in the blanks in the table. Debt/GDP f= 5% r= 2% Interest/GDP Year Debt GDP (Y) b Deficit Interest i 0 $5,000 $10,000 50.0% $500.0 $100.0 1.00% 1 % $ $ % 2 % $ $ % With g = 4% and f= 5%, eventually debt will be % of GDP because of formula b* = ! ; with r=2%, gov interest payments on its debt will be % of GDP because i* =r

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