Question: Using the budget data below, calculate the change in the debt-to-GDP ratio from the end of 2019 to end of 2020. Year Budget Surplus Debt

Using the budget data below, calculate the change in the debt-to-GDP ratio from the end of 2019 to end of 2020. Year Budget Surplus Debt (as of January 1) GDP 2019 100 800 5000 2020 150 5600 (Round your answer to two decimal points) 2019 debt-to-GDP ratio % 2020 debt-to-GDP ratio % Change 2019 to 2020 %. (Use correct sign)

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