Consider the Following Data About Government Debt and Deficit in a Given

question 15

Multiple Choice

Consider the following data about government debt and deficit in a given year: - real interest rate on government bonds = 3%
- growth rate of real GDP = 1%
- current debt-to-GDP ratio = 40%
- primary budget deficit as a percentage of GDP = 2%
Over this one-year period,the debt-to-GDP ratio will have risen by

• A)82 percentage points.
• B)8.2 percentage points.
• C)0.82 percentage points.
• D)2.8 percentage points.
• E)0.28 percentage points.

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Definitions:

Males

Members of the sex that produces sperms, typically engaged in fertilizing the ovum in reproduction

XY

A sex chromosome combination present in males that determines male biological characteristics in humans.

Double-Helix

The structure of DNA, consisting of two strands that wind around each other like a twisted ladder.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.