Nations Struggle With Debt

Answer Key

1. Japan currently has the highest debt-to-GDP ratio of any nation mentioned in the text.
Answer: True

2. The article suggests emerging markets are facing exactly the same debt challenges as developed nations.
Answer: False

3. According to the text, Greece's current debt situation proves their debt crisis is fully resolved.
Answer: False

4. The main factor driving global government debt to record levels was pandemic spending.
Answer: True

5. The article indicates that China's true debt level is clearly understood by financial markets.
Answer: False

6. The text suggests that high national debt automatically leads to economic crisis.
Answer: False

7. Rising interest rates are making government debt more expensive to maintain, according to the article.
Answer: True

8. The OECD's position suggests debt levels are only sustainable under certain conditions.
Answer: True