Question

The public debt of the Apex Republic is 6,578,116,932,196,034 Apex dollars, while its gross domestic product (GDP) is 19,338,189,233,851,794 Apex dollars. What is the Apex Republic's debt-to-GDP ratio?

Answer 1

34% im not sure why i just found the answer on my exam and this site makes me explain i guess. so here. 

Answer 2

we are given

The public debt of the Apex Republic is 6,578,116,932,196,034 Apex dollars

so, we get

`ARD=6578116932196034`

gross domestic product (GDP) is 19,338,189,233,851,794

`GDP=19338189233851794`

now, we can find ratio

`(ARD)/(GDP)=(6578116932196034)/(19338189233851794)`

now, we can simplify it

`(ARD)/(GDP)=(164453)/(483455)`

`(ARD)/(GDP)=0.34016` ................Answer