18. If a country's de dollars to 3 trillion dollars in the next 5 years, v maintain the current debt-to-GDP ratio? bt-to-GDP ratio is currently 15% and its debt is expected to grow from 2 trillion hat will the country's GDP have to be in 5 years to

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Julien Alvarez

Mathematics

24 January, 01:42

18. If a country's de dollars to 3 trillion dollars in the next 5 years, v maintain the current debt-to-GDP ratio? bt-to-GDP ratio is currently 15% and its debt is expected to grow from 2 trillion hat will the country's GDP have to be in 5 years to

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Marco Morgan · Answer 1

The ratio of debt to GDP may decrease as a result of a government surplus or due to growth of GDP and inflation. For example, debt held by the public as a share of GDP peaked just after World War II (113% of GDP in 1945), but then fell over the following 35 years. In recent decades, aging demographics and rising healthcare costs have led to concern about the long-term sustainability of the federal government's fiscal policies.