Consider the following information for the country of Nectar. Public Finances 2018 100 20 130 20 196 Government expenditure Transfer payments Taxes Interest payments Interest rate What is the level of public debt in Nectar at the beginning of 2019? Select one: O a. 1,940 O b. 1.950 O c. 2.000 O d. 2,010 e. 2,050
Consider the following information for the country of Nectar. Public Finances 2018 100 20 130 20 196 Government expenditure Transfer payments Taxes Interest payments Interest rate What is the level of public debt in Nectar at the beginning of 2019? Select one: O a. 1,940 O b. 1.950 O c. 2.000 O d. 2,010 e. 2,050
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Consider the following information for the country of Nectar.
Public Finances
2018
Government expenditure
Transfer payments
Taxes
Interest payments
Interest rate
Select one:
100
a. 1,940
O b. 1,950
O c. 2,000
d. 2,010
e. 2,050
20
130
20
What is the level of public debt in Nectar at the beginning of 2019?
1%
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