Australia's Net Foreign Debt as a Proportion of GDP Has

question 115

Multiple Choice

Australia's net foreign debt as a proportion of GDP has

• A) fallen from 60 per cent in the 1970s to less than 20 per cent by 2016.
• B) risen from approximately 20 per cent in the 1970s to over 30 per cent by 2016.
• C) risen from less than 5 per cent in the 1970s to over 60 per cent by 2016.
• D) risen from approximately 30 per cent in the 1970s to approximately 80 per cent by 2016.

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Definitions:

Organize

The process of structuring or arranging resources and tasks to achieve a specific objective efficiently.

Capital Balances

The amount of equity ownership a partner has in a partnership or an investor has in a company.

Noncash Assets

Assets that are not in the form of cash or currency, including tangible assets like property, plant, and equipment, and intangible assets like patents and copyrights.

Distribution

The process of making a product or service available for the consumer or business user.