If the Deficit Is 0

question 81

Multiple Choice

If the deficit is 0.1 times GDP,the existing debt-GDP ratio is 0.5,and the growth rate of nominal GDP is 0.04,then the change in the debt-GDP ratio is

• A)+0.08
• B)+0.075.
• C)0)
• D)-0.075.

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Definitions:

Village

A small settlement or community that is larger than a hamlet but smaller than a town, typically found in rural areas.

Reservation

An area of land managed by a Native American tribe under the United States Department of the Interior's Bureau of Indian Affairs.

Colonial Possessions

Territories controlled and exploited by a foreign power, often referring to the period of European global colonization from the 16th to the early 20th century.

Open-Door Policies

Diplomatic policy aimed at ensuring equal trading opportunities in China for all foreign nations and preserving China's territorial integrity.