Suppose the Change in the Government's Debt-To-GDP Ratio in a Given

question 28

Multiple Choice

Suppose the change in the government's debt-to-GDP ratio in a given year is 0.026.This figure tells us that the government's debt-to-GDP ratio has

• A)fallen by 0.026%.
• B)risen by 0.026%.
• C)risen by 2.6 percentage points.
• D)fallen by 2.6 percentage points.
• E)risen by 0.026 percentage points.

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Definitions:

First-Mover Advantage

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Activities or operations of a company that are not central to its primary mission or revenue-generating processes.

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The obligation of a business to contribute to the well-being of society, which includes being ethical, legal, and economically responsible.

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A point in a process, project, or development where significant progress is achieved, overcoming major challenges or barriers.