Multiple Choice
Do we get a useful and meaningful statistic by dividing the national debt by the GDP?
A) No - we are essentially "dividing apples by oranges," which is unhelpful.
B) No - the GDP is not a meaningful measure of the well-being of the economy.
C) Yes - we can then see how much of the national debt is owed by each individual citizen.
D) Yes - we can see the burden of the debt in relation to the size of the economy.
E) No - dividing a stock by a flow can never be sensible.
Correct Answer:

Verified
Correct Answer:
Verified
Q83: The table below shows government purchases (G),net
Q84: Suppose legislation in Canada required annually balanced
Q85: Consider the following data about government debt
Q86: The Canadian tax and transfer system acts
Q87: Consider a closed-economy AD/AS model.If an increase
Q89: The 2008-2009 global recession had an effect
Q90: The data below provides the Actual and
Q91: Most economists believe that balancing the government
Q92: In the long run,the government budget will
Q93: Suppose the stock of government debt in