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Based on the table and graph, explain in 100-200 words how the country's rate of GPD growth has compared to its debt growth over time
Based on the table and graph, explain in 100-200 words how the country's rate of GPD growth has compared to its debt growth over time and what the implication is for the debt/gdp ratio.
The table below shows, respectively, the debt/GDP ratio, nominal GDP (in billions of \$), and the Federal debt, for the years 2000-2021: Below is the graph of the ratio of (Federal) Debt to GDP (everyone gray bars indicate a recession)Step by Step Solution
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