Table 153
Cordelia Saldinia The Above Table Contains Data for the Nations of Cordelia

question 19

Multiple Choice

Table 15.3
Cordelia Saldinia
$$\begin{array} { | l | r | r | } \hline \text { Debt-to-cDP ratio } & 172 \% & 65 \% \\\hline \text { Average annual ecanmaic growth } & & \\\text { unt } & 4.7 \% & 3.2 \% \\\hline \text { Average influtim rate } & 6.3 \% & - 0.3 \% \\\hline \text { Average nominal interest rate } & 2.5 \% & 4.6 \% \\\hline\end{array}$$
The above table contains data for the nations of Cordelia and Saldinia for 2012. Assume seigniorage is zero.
-Refer to Table 15.3.Based on the data in the table,the primary budget deficit necessary to make fiscal policy sustainable in Cordelia is ________ of GDP.

• A) -1.5%
• B) 0%
• C) 1.5%
• D) 14.6%

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Definitions:

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Split Stems

A method in stem-and-leaf plots where stems are divided into two or more parts to spread out the data for a clearer representation.

Stem-and-Leaf Display

A stem-and-leaf display is a graphical method for displaying quantitative data, allowing for the observation of the data’s shape and distribution by organizing numbers based on their leading digits (stems) and trailing digits (leaves).

Midterm Grades

Grades assigned to students midway through an academic term to evaluate their progress and performance in a course up to that point.