Question

The public debt of Apexistan is 5,446,772,143,940,528 Apex dollars, while its

gross domestic product (GDP) is 13,647,498,222,417,097 Apex dollars. What
is Apexistan's debt-to-GDP ratio?
O A. 5%
O B. 40%
C. 13%
O D. 251%​

Answer 1

Answer:40 %

Explanation:

Given

Debt=5,446,772,143,940,528 $

Gross domestic product(GDP)=13,647,498,222,417,097 $

Debt to GDP ratio is

=
`(5,446,772,143,940,528)/(13,647,498,222,417,097)`

=0.399104

`39.91 \%\approx 40\%`