If a country's debt-to-gdp ratio if currently 50% and its debt is expected to grow from $40 trillion to $50 trillion in the next 5 years, what will the country's gdp have to be in 5 years to maintain the current debt-to-gdp ratio? a. 80 trillion $ b. 25 trillion $ c. 20 trillion $ d. 100 trillion $

Answer =  D. $100 trillion

Solution =

Country's debt-to-GDP ratio if currently 50% =

⇒

⇒ GDP = 2(Debt)

So right now ,when debt is 40 trillion, GDP will be 2×40 = 80 trillion

After 5 years when debt is 80 trillion, GDP will be 2×50 = 100 trillion

the balance is found at the link

step-by-step explanation:

the terms of a geometric sequence can be found by beginning with the first term and multiplying by the common ratio repeatedly. a recursive formula for a geometric sequence with common ratio r is given by an=ran−1 a n = r a n − 1 for n≥2 n ≥ 2 .

step-by-step explanation: