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.

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Definitions:

AWS E-7018

A specification for low-hydrogen, medium penetrating welding electrodes, ideal for structural steel welding with high tensile strength requirements.

MIG Weld

A welding process known as Metal Inert Gas Welding, which uses a continuously fed wire electrode and shielding gas to create a weld.

Base Plate

A flat piece used as a foundation or mounting surface in various mechanical and architectural applications.

Compensating Fifth Wheel

A fifth wheel designed to articulate fore and aft, and side to side. Used to limit trailer torque effect transfer; the Holland Kompensator would be an example.