If a country’s GDP increases, but its debt decreases during that year, what will happen to the country’s debt to GDP ratio for the year in proportion to the magnitude of the changes?
a. Increase or decrease
b. Decrease because its debt decreased
c. Increase because GDP increased
d. Decrease
a. Increase or decrease
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Coca Cola and Pepsi, which together account for about 85 percent of the soft drink market, are best described as being in
A) a monopoly market. B) an oligopolistic market. C) a perfectly competitive market. D) a monopolistically competitive market.
What does an efficient payment scheme in a principal/agent relationship depend on?
The supply curve of labor is less elastic in the long run compared to the short run
Indicate whether the statement is true or false
Assume that Michaela purchases $12,000 worth of a stock. To do so she uses $2,000 of her own money and borrows the remaining $10,000 at an 8.0% interest rate. If the stock's value increases by 20% in one year and she sells the stock at that time, what is her rate of return?
a. 13% b. 16% c. 20% d. 80%