Question

The public debt of Apexico is 4,628,599,173,971,366 Apex dollars, while its
gross domestic product (GDP) is 15,274,449,110,385,172 Apex dollars. What
is Apexico's debt-to-GDP ratio?

Answer 1

The public debt of Apexico is 4,628,599,173,971,366 Apex dollars, while its

gross domestic product (GDP) is 15,274,449,110,385,172 Apex dollars. What

is Apexico's debt-to-GDP ratio?

Answer: 30%

Answer 2

The debt to GDP ratio is 30%.

Given information:

The public debt of Ap-ex-ico is 4,628,599,173,971,366 Ap-ex dollars, while its

gross domestic product (GDP) is 15,274,449,110,385,172 Ap-ex dollars

Calculation of the debt to GDP ratio:

$= 4,628,599,173,971,366 \div 15,274,449,110,385,172$

= 30%

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