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INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

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INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
The purpose of the debt service ratio is to show the amount of income needed to pay your [ current liabilities | monthly loan payments ].


Definitions:

GDP Per Person

A measure of a country's economic output that accounts for its number of people, indicating average economic productivity per person.

Life Expectancy

The average number of years a person is expected to live, based on current mortality rates and health conditions.

Literacy Rates

The percentage of people within a given population who are capable of reading and writing at a specified age.

Nominal GDP

The aggregate monetary worth of every final good and service created inside a country during a particular period, unadjusted for inflation.

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