Ask Question
MathematicsMathematics
29 August, 02:25

If a country's debt-to-GDP ratio is currently 20% and its debt is expected to grow from 50 billion dollars to 100 billion dollars in the next 30 years, what will the country's GDP have to be in 30 years to maintain the current debt-to-GDP ratio?

A. 20 billion dollars

B. 250 billion dollars

C. 10 billion dollars

D. 500 billion dollars

+1
Answers (1)
  1. 29 August, 02:46
    0
    This one is pretty simple. You just have to multiply the expected debt by 5. 20% is 1/5 of 100%, right?
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a country's debt-to-GDP ratio is currently 20% and its debt is expected to grow from 50 billion dollars to 100 billion dollars in the ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A rectangular rug is 12.5 feet long and 10 feet wide. The rug needs to be reduced by a factor of 1/5 to be placed near a door. What is the area of the reduced rug in square feet?
Answers (2)
Baldo is paid $80.00 per day at his job, plus $15.00 per hour for every hour (h) that he works overtime. One day, his total earnings were #140.00. What would be the equation?
Answers (1)
What is - 6 over 0 equal to?
Answers (2)
What's the geometic mean between 5 and 6
Answers (1)
Use the expression below to answer the question. Select all expressions that are equivalent. -y - 1 A. 10 + 4y - 5y - 11 B. 2 (10 + 4y - 7y - 19) C. 2 (10 + 4y) - 3 (3y - 7) D. 4 (5 + 2y - 5y - 17) E. 4 (5 + 2y) - 3 (3y + 7)
Answers (1)
New Questions in Mathematics
Create a chart to show how to use the distributive property to simplify the expression: 7 (5x + 10) - 10x.
Answers (1)
List five rational numbers which are smaller than 2
Answers (1)
Michael has $1.95 totally in his collection, consisting of quarters and nickels. The number of nickels is three more than the number of quarters. how many quarters and nickels does Michael have?
Answers (1)
What is 12.28 as a mixed number
Answers (2)
There are 180 white lockers in the school. There are 3 white lockers for every 5 blue lockers. How many lockers are in the school?
Answers (1)
Home » Mathematics » If a country's debt-to-GDP ratio is currently 20% and its debt is expected to grow from 50 billion dollars to 100 billion dollars in the next 30 years, what will the country's GDP have to be in 30 years to maintain the current debt-to-GDP ratio? A.
Sign Up Forgot Password?