How Does the National Debt as a Percentage of GDP

question 57

Multiple Choice

How does the national debt as a percentage of GDP in the United States compared to Sweden?

• A) U.S. national debt ratio is smaller.
• B) U.S. national debt ratio is larger.
• C) U.S. national debt ratio is about the same.
• D) U.S. national debt ratio is substantially smaller.

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Definitions:

Dutch Culture

The customs, arts, social institutions, and achievements of the Netherlands and its people.

French Culture

The arts, customs, languages, and social behaviors of the French people that have developed over centuries.

Glorious Revolution

The bloodless coup in England in 1688 that resulted in the overthrow of King James II and the ascension of William III and Mary II to the throne, significantly expanding the powers of Parliament.

England's Political System

A constitutional monarchy and parliamentary democracy, where the monarch is the head of state and the Prime Minister is the head of government.