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
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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F989fc314-fbac-49e9-9f4f-f2c1e1c6f80a%2Fd46b3d2f-4b38-4756-aa17-6fae8ec96faa%2Fw7l6dga_processed.jpeg&w=3840&q=75)
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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