Consider the following data about government debt and deficit in a givenyear:
Consider the following data about government debt and deficit in a givenyear: minus−real interest rate on government bonds= 3% minus−growth rate of real GDP= 3% minus−current debtminus−tominus−GDP ratio= 25% minus−primary budget surplus as a percentage of GDP= 2% Over this oneminus−year period the debtminus−tominus−GDP ratio will have