1. Calculating the debt to GDP ratio Suppose the following statistics characterize the firuncial health of the hypothetical economy Spendis at the end of DIP . Grow domestic product [GOP) in equal to $150 . The national debt is equal to $225 billion. . The government has a bulg it defort of 19 billion . The dont cuing in Spenda is set at 1346 billion sing calculations you see how the ratio of debt to GOP changes from one year to the mail take by competing the into of national date to Gor Suppose that nominal GDP remains at $150 billion in Doit, and comm the payment in i budget that of its ing made to rejoin the date GOP National Debt Ratio of National Debt to GOP