If a country’s GDP increases, but its debt decreases during that year, then the country’s debt to GDP ratio for the year will _______________ in proportion to the magnitude of the changes.
A. increase or decrease
B. decrease because its debt decreased
C. increase because GDP increased
D. decrease
Answer:A
If a country’s GDP increases, but its debt decreases during that year, then the country’s debt to GDP ratio for the year will _______________ in proportion to the magnitude of the changes.
A. increase or decrease B. decrease because its debt decreased C. increase because GDP increased D. decrease
Explanation: Type: Multiple Choice