se the following information to answer the next 5 questions. Year 2008 2018 Nominal Debt 150 500 Nominal GDP 1,000 2,500 Price Level/GDP Deflator 150 200 The debt-to-GDP ratio in 2008 was _ and in 2018 was Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 0.15; 0.20 0.30 ; 0.40 0.19;0.38 d 0.10 ; 0.30

Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter16: Budget Deficits In The Short And Long Run
Section: Chapter Questions
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Jse the following information to answer the next 5 questions.
Year
2008
2018
Nominal Debt
150
500
Nominal GDP
1,000
2,500
Price Level/GDP Deflator
150
200
The debt-to-GDP ratio in 2008 was_ and in 2018 was
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
0.15 ; 0.20
a
b
0.30 ; 0.40
0.19; 0.38
d
0.10 ; 0.30
Transcribed Image Text:Jse the following information to answer the next 5 questions. Year 2008 2018 Nominal Debt 150 500 Nominal GDP 1,000 2,500 Price Level/GDP Deflator 150 200 The debt-to-GDP ratio in 2008 was_ and in 2018 was Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. 0.15 ; 0.20 a b 0.30 ; 0.40 0.19; 0.38 d 0.10 ; 0.30
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