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book Issues in Economics Today 7th Edition by Robert Guell cover

Issues in Economics Today 7th Edition by Robert Guell

Edition 7ISBN: 978-0078021817
book Issues in Economics Today 7th Edition by Robert Guell cover

Issues in Economics Today 7th Edition by Robert Guell

Edition 7ISBN: 978-0078021817
Exercise 8
By way of international comparison, recent U.S. deficits have increased the ratio of debt to GDP
A) such that the United States has the highest ratio in the industrialized world.
B) but every other industrialized nation's ratio is much worse.
C) but the United States ratio is still lower than that of Germany, Canada, and Japan.
D) such that only Japan's ratio is worse.
Explanation
Verified
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This indicates that national debt is the...

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Issues in Economics Today 7th Edition by Robert Guell
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