Question

if a country's debt to GDP ratio is 92% the country is producing more than it is borrowing true or false

Answer 1

The answer is true, hope this helps :) 

Answer 2

True

Explanation:

Given that a county's debt to GDP ratio is 92% , mathematically it can be written as

`(debt)/(GDP) = (92)/(100)`

this implies that for if the GDP is $100 then the debt is $92. therefore we say that the country is producing more than it is borrowing . hence the above

statement is correct/True.

GDP is the money value of the total amount of goods and services produced by a country in a financial year.