If a country's debt-to-gdp ratio is currently 25% and its debt is expected to grow from $16 trillion to $20 trillion in the next 10 years, what will the country's gdp have to be in 10 years to maintain the current debt-to-gdp ratio? a. $80 trillion b. $4 trillion c. $64 trillion d. $5 trillion

The correct option is A.

Step-by-step explanation:

It is given that a country's debt-to-GDP ratio is currently 25%.

It is given that debt is expected to grow from $16 trillion to $20 trillion in the next 10 years.

Let the expected GDP after 10 years to maintain the current debt-to-GDP ratio be x.

The expected GDP after 10 years to maintain the current debt-to-GDP ratio is $80 trillion .

Therefore the correct option is A.

answer

false

explanation

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