High School

We appreciate your visit to The public debt of the United Apex Emirates is 4 500 000 000 Apex dollars while its gross domestic product GDP is 7 500 000. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!

The public debt of the United Apex Emirates is 4,500,000,000 Apex dollars, while its gross domestic product (GDP) is 7,500,000,000 Apex dollars. What is the United Apex Emirates' current debt-to-GDP ratio?

a) 0.40
b) 0.60
c) 0.75
d) 0.90

Answer :

Final answer:

The United Apex Emirates' current debt-to-GDP ratio is calculated by dividing its public debt (4,500,000,000 Apex dollars) by its GDP (7,500,000,000 Apex dollars), resulting in a ratio of 0.6, or 60%. The correct answer is option (b) 0.60.

Explanation:

The debt-to-GDP ratio serves as a critical metric for assessing a country's fiscal health by comparing its public debt to its gross domestic product (GDP). In the case of the United Apex Emirates, with a public debt of 4,500,000,000 Apex dollars and a GDP of 7,500,000,000 Apex dollars, the debt-to-GDP ratio is calculated as (4,500,000,000) / (7,500,000,000), resulting in 0.6. When expressed as a percentage, this ratio is 60% (0.6 x 100).

The interpretation is that the United Apex Emirates' public debt accounts for 60% of its GDP. Option (b) 0.60 accurately represents this ratio, reflecting a significant aspect of the country's economic stability. Monitoring this ratio helps policymakers and economists assess a nation's ability to manage and service its debt relative to the size of its economy.

Thanks for taking the time to read The public debt of the United Apex Emirates is 4 500 000 000 Apex dollars while its gross domestic product GDP is 7 500 000. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!

Rewritten by : Barada