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Gala2k [10]
3 years ago
9

If the public debt of the United States of Apex is 9,529,034,179,824,022 Apex dollars and its gross domestic product (GDP) is 16

,247,683,987,248,007 Apex dollars, then its debt-to-GDP ratio is about 171%. True or False?
Mathematics
2 answers:
aivan3 [116]3 years ago
8 0
To compute for the debt-to-GDP ratio, we just have to divide the debt given in this item by the GDP and convert the quotient to percentage. That is,
                debt-to-GDP ratio = (9,529,034,179,824,022)/                              (16,247,683,987,248,007) x 100%
                debt-to-GDP ratio = 58.65%
Thus, the answer is FALSE. 
sergiy2304 [10]3 years ago
5 0

Answer:

False Apex

Step-by-step explanation:

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