If a country's GDP increases, but its debt decreases during that year, then the country's debt to GDP ratio for the year will---------in proportion to the magnitude of changes.
My answer was increase or decrease
My Economic instructor said the answer was wrong?
- Posted:
- 3+ months ago by ladybuggx7
- Topics:
- country, year, economics, economic, answer, years, debt, ratio
Details:
Answers (1)
Hey Bill!
Your economic instructor seems to be lacking in knowledge. It's unfortunate, however this is the norm today. I would suggest perhaps talking with him personally and restating your point. We all make mistakes sometimes, I'm sure you will be properly accredited with the correct answer.
Hang in there,
Mark