Data from the International Monetary Fund (IMF) show net government debt by country as the percentage of GDP in 2017. The United States had a debt-to-GDP ratio of 78%, Japan had a debt-to-GDP ratio of 151%, and Germany had a debt-to-GDP ratio of 44%. What can you conclude from this data? Japan's debt was lower than the United States' debt as a percentage of GDP. Germany had a higher debt ratio than Japan. The United States' debt ratio was higher than Japan's debt but well below Germany's. The United States' capacity to pay their debt was above Japan's debt but below that of Germany