Question: please answer the following question. Thsnk you! Now we will compare the US to Britain from a debt perspective. Research Britains national debt and the
please answer the following question. Thsnk you!
Now we will compare the US to Britain from a debt perspective. Research Britains national debt and the percent it is of their GDP. Also, research what percent of our GDP is our current debt.
Convert (showing me the conversion using unit analysis) Britains national debt from pounds, , to US dollars, $, by researching out the current conversion rate. Be sure you show me how you accomplished your conversion, I actually need to see your conversion from pounds to dollars.
Compare that dollar amount to the US national debt found in the previous question.
Compare the percent of the GDP for both countries
As discussed in the text, often that percent of GDP is used to determine debt of a country, discuss which country you believe to be in more debt.
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