Compared to the size of GDP in 2014, the net national debt was approximately
A)10 percent as large.
B)33 percent as large.
C)60 percent as large.
D)about twice as large.

Name: Compared to the size of GDP in 2014, the net national debt was approximately A)10 percent as large. B)33 percent as large. C)60 percent as large. D)about twice as large.
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Question

Quizplus · Accepted Answer

The net national debt in 2014 was approximately 60% as large as the size of GDP. This means that the debt was 60% of the GDP, or 0.60 times the GDP.

Compared to the Size of GDP in 2014, the Net