What Was Japan's Debt-To-GDP in 2015

question 106

Multiple Choice

What was Japan's debt-to-GDP in 2015?

• A) 76 percent
• B) 65 percent
• C) 100 percent
• D) 35 percent
• E) 120 percent

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Definitions:

Public Choice Theory

An economic theory that studies how public decisions are made, emphasizing the roles of incentives, behavior, and institutions.

Self-Interest

The motivation driving individuals to pursue their own objectives and benefits, often guiding economic behavior and decision-making.

General Welfare

Refers to the overall economic health and wellbeing of a community or nation, encompassing factors such as employment, healthcare, and living standards.

Public Choice Theory

A branch of economics that studies how economic theories and methodologies apply to decision-making in the public sector, often focusing on the behavior of voters, politicians, and public officials.