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4. 2000 2010 Debt GDP Debt GDP Greece $ 138 127 S 455 S 308 reland S Portugal $ 62 S 118 S 203 S 231 Spain S 292 $ 586 $ 734 $ 1,420 34 S 98 S 124 S 206 a. Compute the debt-to-GDP ratio for all four nations in both 2000 and 2010. (8 answers total)

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2000 2010
Debt GDP ratio debt GDP ratio
Greece 138 127 108.66 455 308 147.73
Ireland 34 98 34.69 124 306 40.52
Portugal 62 118 52.54 203 231 87.88
Spain 292 596 48.99 734 1420 51.69

Debt to GDP ratio=(Debt/GDP)*100

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