Which Country Faces the Most Severe Fiscal Challenges-In Terms of Debt-To-GDP

question 25

Multiple Choice

Which country faces the most severe fiscal challenges-in terms of debt-to-GDP (gross domestic product) ratio-according to the accompanying table?

• A) the United States
• B) Italy
• C) France
• D) Jamaica
• E) Cyprus

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Unionization

The process of organizing workers into a union, a collective entity that negotiates with employers for better terms and conditions of employment.

Employee Retirement Income Security Act

A federal law that sets standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans.

Federal Law

Legislation enacted by the national government and applicable throughout the country.

Pension Plans

Financial arrangements that provide individuals with income upon retirement, often through contributions made by employers or employees during the individual's working life.