Which Country in the World Has a Debt Larger Than

question 84

Multiple Choice

Which country in the world has a debt larger than 100 percent of its GDP in 2010?

• A)Brunei
• B)Italy
• C)United States
• D)All of these countries owe more than 100 percent of their GDP.

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Definitions:

Contract

An agreement between two or more parties that is recognized and enforceable by legal systems.

Liability

Refers to the state of being legally responsible for something, typically in the context of debts or legal wrongs.

Express Permission

Explicit authorization or consent given by a party to another to perform an action or use property or information.

Lakeside Property

Real estate located adjacent to or near a lake, often valued for its picturesque views and recreational opportunities.