To track the public debt over time and understand its significance to the economy, it is best:

Question

Quizplus · Accepted Answer

Measuring the public debt relative to the gross domestic product (GDP) is the best choice as it provides a clear understanding of the debt's significance to the economy. GDP is a measure of a country's total economic output, and by comparing the debt to the size of the economy, we can determine whether the debt is sustainable or not. If the debt is a small percentage of GDP, it may not be of significant concern. However, if the debt is a large percentage of GDP, it may result in a weaker economy, lower living standards, and increased borrowing costs.

To Track the Public Debt Over Time and Understand Its