If a country’s GDP increases, but its debt decreases during that year, then the country’s debt to GDP ratio for the year will _______________ in proportion to the magnitude of the changes.
A. decrease because its debt decreased
B. Bincrease because GDP increased
C. decrease
D. increase or decrease
Answer: D. increase or decrease
You might also like to view...
Refer to Table 4-11. The equations above describe the demand and supply for Chef Ernie's Sushi-on-a-Stick. The equilibrium price and quantity for Chef Ernie's sushi are $60 and 20 thousand units. What is the value of consumer surplus?
A) $100 thousand B) $200 thousand C) $600 thousand D) $800 thousand
For S&Ls in the early 1980s the __________ cost of short-term deposits turned their net interest margin __________
A) increasing; positive B) increasing; negative C) decreasing; positive D) decreasing; negative
Which of the following is likely to have the most price inelastic demand?
a. tablet computers b. leather boots c. lightbulbs d. optional textbooks
Which of the following is NOT an example of a flow variable?
A. inventory investment B. planned investment C. The federal deficit D. capital stock