Question

If the GDP in 2016 was $1740 billion and the total debt as of 2015 was...

If the GDP in 2016 was $1740 billion and the total debt as of 2015 was 870 billion. Find the debt-to-
GDP ratio (in % terms) at the end of 2016. Show your work and keep your answer to 2 decimal places
if necessary.

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