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In year O (i.e., today), the economy has a real GDP of $80 million, the government runs a deficit of $10 million and has accumulated

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In year O (i.e., today), the economy has a real GDP of $80 million, the government runs a deficit of $10 million and has accumulated a debt of $71 million. The parliamentary budget office predicts that in the next 7 years, the country's output is changing at 1.2% per year while the budget deficit is changing at 4% per year. Find the debt-to-GDP ratio in year 2 (i.e., two years from now). Note: Keep your answer in percentage terms and rounded to 1 decimal place if needed. For example, if your answer is 12.3%, then enter 12.3 in the answer box

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