gvA Update

Ranking public debt as a percent of gdp Government debt is typically a debt owned by a central government. Government debt is one method of financing government operations. Governments usually borrow by issuing Securities such as Government bonds and bills. As the government draws its income from much of the population, government debt is an indirect debt of the taxpayers. In this connection, 1-which of the following countries is not among the top five in the world in public debt as a percent of GDP? 1- Japan 2- Greece 3- Italy and 4- United Kingdom. 2-Which of the following countries is not among the top five in Africa in public debt as a percent of GDP? 1- Zimbabwe 2- Sudan 3- Egypt and 4- Nigeria. ANSWERS 1-The country not among the top 5 in the world in public debt as a percent of GDP is the United Kingdom at number 19 in the world. 2-The country not among the top 5 in Africa in level of public debt as a percent of GDP is Nigeria at number 33 in Africa 136 in the world

 

Posted: Jul 30th, 2015 @ 03:44:19 AM