Homework Help: Economics

Posted by Sarah on Monday, May 7, 2007 at 6:47pm.

What is the % of GDP is the national debt?

My Answer: The percentage of GDP is national debt is approx. 77%. Is this correct?

Please post the figures you're using for GDP and national debt.

I went and used the latest figure of Real GDP which was the third quarter of 2006 being $11,443,000,000,000.50, which came from the Economic Report of the President “Transmitted to the Congress February 2007.”

I used the current national debt as of May 4, 2007 being $8,816,009,655,724.63 which that information comes from the TreasuryDirect’s website.

No one has answered this question yet.

Answer this Question

Related Questions

college-economics - The gross national debt initially is equal to $3 trillion ...
economics grad level - I cannot figure this our for the life of me!Assume that ...
College Econ - The gross national debt initially is equal to $2.5 trillion and ...
Economics - 1. What is the % of GDP is the national debt? My Answer: The ...
Economics - Assume that the gross national debt initially is equal to $3 ...
Macroeconomics - If GDP increases by 5 percent in the same that the deficit is ...
Macroeconomics - The following calculations help you see how the ratio of debt ...
Managerial Economics - (1) The National Debt consists of what factors? (2) How ...
Economics - assume that gross national debt is equal to $3million and the ...
Economics - What percentage of Americans GDP per capita is available to the ...

For Further Reading

First Name:
School Subject:
Answer: