Consider the Following Hypothetical Data (In Billions of Dollars) (A) Fill in the Missing Values in the Precelling Table

question 109

Essay

Consider the following hypothetical data (in billions of dollars):
$$\begin{array} { | c | c | c | c | } \hline \text { Year } & \text { Gudpet Defieit } & \begin{array} { c } \text { GuvenmentDebt ar } \\\text { uf Jan. 1 }\end{array} & \text { GDP } \\\hline 2014 & 121 & 5,500 & 8,300 \\\hline 2015 & 140 & 5,621 & 8,715 \\\hline 2016 & & & 9,761 \\\hline 2017 & 150 & 5,901 & 10,737 \\\hline\end{array}$$ (A) Fill in the missing values in the precelling table.
(B) What is the percentage change in the debt and GDP fram 2014 to 2015
(C) What is the percentage chane in the debt and GDP fram 2015 to 2016 ?
(D) Calculate the debt to GDP ratio far each year. How does this ratio change aver tine? Why?

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