-Suppose That Initially There Is No Public Debt

question 14

Multiple Choice

-Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in 2014?

• A) 0.5 percent
• B) 2.0 percent
• C) 3.6 percent
• D) 8.0 percent

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Definitions:

Trait

refers to a characteristic or quality that defines an individual and influences their behavior and actions.

Developmental

Pertaining to the process of growth, change, or advancement, often used in contexts of human growth, psychology, or biology.

Holland's Model

A theory of career and vocational choice based upon personality types.

Realistic

Pertaining to the acknowledgment and acceptance of the actual state of affairs, often involving practical and pragmatic viewpoints.