Consider Two Economies,A and B

question 18

Multiple Choice

Consider two economies,A and B.Economy A has a stock of government debt equal to $800 billion and a debt-to-GDP ratio of 10%.Economy B has a stock of government debt equal to $22 billion and a debt-to-GDP ratio of 80%.What is the GDP for each economy?

• A)Economy A: GDP = $8 trillion Economy B: GDP = $27.5 billion
• B)Economy A: GDP = $80 billion Economy B: GDP = $18.7 billion
• C)Economy A: GDP = $80 trillion Economy B: GDP = $275 billion
• D)Economy A: GDP = $800 billion Economy B: GDP = $22 billion
• E)Economy A: GDP = $8 trillion Economy B: GDP = $2.75 billion

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Definitions:

Parametric Strategy

A statistical approach relying on assumptions about the distribution of underlying data, used in the analysis of variables that are typically quantitative.

Treatment Component

An element or aspect of a therapeutic intervention that contributes to its effectiveness in addressing particular health issues.

Procedural Considerations

The aspects of planning and conducting research that involve the detailed methods and steps necessary for data collection, analysis, and interpretation.

Dependent Variable

The variable in a study that is expected to change as a result of variations in the independent variable.