Solved

Suppose a Country's Debt Rises by 6% and Its GDP

Question 111

Multiple Choice

Suppose a country's debt rises by 6% and its GDP rises by 5%. What happens to the debt-GDP ratio?


A) It rises if there is a budget deficit that period.
B) It falls.
C) It rises.
D) There is insufficient information to answer the question.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions