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