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 Ap

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%​

in progress 0
Abigail 2 weeks 2021-10-12T12:31:37+00:00 2 Answers 0

Answers ( )

    0
    2021-10-12T12:32:57+00:00

    Answer:40 %

    Step-by-step explanation:

    Given

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

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

    Debt to GDP ratio is

    =\frac{5,446,772,143,940,528}{13,647,498,222,417,097}

    =0.399104

    39.91 \%\approx 40\%

    0
    2021-10-12T12:33:28+00:00

    Answer:

    Apex = 40%

    Step-by-step explanation:

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