kocchioni kocchioni
  • 26-04-2019
  • Mathematics
contestada

If a country's debt to GRD ratio is 84 the country is producing more than it is borrowing True or False

Respuesta :

Gasaqui
Gasaqui Gasaqui
  • 28-04-2019

Answer:

True

Step-by-step explanation:

We know that the debt-to-GRD ratio is 84% and we also know that debt-to-GDP ratio of 100% means that a country's debt is equal to its gross domestic product. The higher the ratio, the less likely a country will be able to repay its debt.

For that reason if a country debt-to-GRD ratio is 84% then, the country is producing more than it's borrowing.

Answer Link

Otras preguntas

In saying that he wanted “peace without victory,” President Wilson demonstrated that he was a(n) realist. idealist. tough negotiator. coward.
what is 5 times 20/25
Balloon" and "lagoon" are examples of rhyme. t/f
Why were many Americans satisfied with the articles of confederation
Identify the factors of x2 − 5x − 24. (x + 8)(x − 3) (x − 8)(x + 3) (x + 4)(x − 6) (x − 4)(x + 6)
How would you say goodbye in Spanish to someone you won't see for a long time
Blood _____ is a general word for a disease condition of any of the blood cells.
Understanding how an intervention is progressing is an example of __________ feedback
The theory that explains the source of Earth's magnetic field is the _____. dynamo theory domino theory magnetosphere theory aurora theory
How does an organism become resistant to an environment stress?