Glossary entry (derived from question below)
English term or phrase:
government bonds outstanding
Greek translation:
τα κρατικά ομόλογα (που βρίσκονται) σε κυκλοφορία
Added to glossary by
nadia grigoriadou
Sep 19, 2013 13:05
11 yrs ago
English term
government bonds outstanding
English to Greek
Bus/Financial
Economics
Βιβλίο Μακροοικονομικής
At the beginning of year one, there is no government debt outstanding. The government runs a $100 billion deficit in year one. Interest at a nominal rate of 10% must be paid starting in year two. Assume nominal GDP in year one is $2000 billion and the nominal growth rate of GDP is 4%. Assume the government balances its primary budget in the future and the interest rate and growth rate do not change.
(a) What will be the government deficit in years two, three, four, and five?
(b) What will be the value of government bonds outstanding at the end of the fifth year?
(c) What will be the debt-GDP ratio at the end of year five?
Thanks in advance!!
(a) What will be the government deficit in years two, three, four, and five?
(b) What will be the value of government bonds outstanding at the end of the fifth year?
(c) What will be the debt-GDP ratio at the end of year five?
Thanks in advance!!
Proposed translations
(Greek)
4 +3 | τα κρατικά ομόλογα (που βρίσκονται) σε κυκλοφορία | Nick Lingris |
Proposed translations
+3
42 mins
Selected
τα κρατικά ομόλογα (που βρίσκονται) σε κυκλοφορία
Δηλαδή στα χέρια ομολογιούχων, άρα είναι ανεξόφλητα και αποτελούν χρέος του κράτους.
4 KudoZ points awarded for this answer.
Comment: "Ευχαριστώ πολύ!!"
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