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

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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:

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:

?f=%3D%204%2C628%2C599%2C173%2C971%2C366%20%5Cdiv%2015%2C274%2C449%2C110%2C385%2C172

= 30%

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