Answer the question using the following budget information for a hypothetical economy. Assumethat all budget surpluses are used to pay down the public debt.
Government
Spending
Tax
Revenues
GDP
Year 1 $450 $425 $2,000
Year 2 $500 $450 $3,000
Year 3 $600 $500 $4,000
Year 4 $640 $620 $5,000
Year 5 $680 $580 $4,800
Year 6 $600 $620 $5,000
Refer to the above data. If year 1 is the first year of this nation's existence and year 4 is the present year, the public debt as a percentage of GDP in year 4 is:.
a) 1.39 percent.
b) 7.5 percent.
c) 2.5 percent.
d) 3.9 percent.

Emil motycka is considered an entrepreneur because

The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?