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The most recent Debt to GDP ratio for the United States was 120.23396 (over 120%)....

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Finance

The most recent Debt to GDP ratio for the United States was 120.23396 (over 120%). Assume Nominal GDP was last recorded as $25.423T, which grew from $24.950T the previous year. According to this information, answer the following questions:

1. What would be the projected total of the US Federal Debt?

1.2 Based on World Bank projections, what SHOULD the GDP be if the Federal Government reigned

in debt to a reasonable level (below 77% of GDP). Assume an even 120 GDP/Debt ratio for this part.

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