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The debt to GDP ratio in Japan in 2016 is 225%. The nominal interest rate on its debt is 0.0%, the inflation rate is 0.5%,
The debt to GDP ratio in Japan in 2016 is 225%. The nominal interest rate on its debt is 0.0%, the inflation rate is 0.5%, the growth rate of real GDP is 1.5%. The U.K. deficit to GDP ratio is 5.5%. Find the change in the debt to GDP ratio.
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