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Question
1 a more meaningful way of analyzing the debt is to consider its percentage of gdp instead of just considering the raw number
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When analyzing debt, considering its percentage of GDP (debt - to - GDP ratio) is more meaningful. The raw debt number does not account for the economic size (as measured by GDP). A country with a large raw debt number might have a sustainable debt situation if its GDP is also very large (low debt - to - GDP ratio), while a country with a relatively small raw debt number could be in a precarious situation if its GDP is extremely small (high debt - to - GDP ratio).
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