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23 Oct 2023, 08:59
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The median national debt in the second quarter of 2012 was greater than 200 billion euros.: False
Of the three nations with the smallest absolute debt in the second quarter of 2011, only one ranked among the three nations with the smallest debt as percentage of GDP in that same quarter.: False
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
68% (02:10) correct
32%
(02:25)
wrong
based on 1602
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Data Insights (DI) Butler 2023-24 [Question #68, Date: Oct-24-2023] [Click here for Details]
The following table shows the national debt, in millions of euros, of 17 eurozone countries for the second quarter of 2011 and the first and second quarters of 2012, and that debt as a percentage of each country’s gross domestic product (GDP).
| Millions of Euros | % of GDP | |||||
| Q2 2011 | Q1 2012 | Q2 2012 | Q2 2011 | Q1 2012 | Q2 2012 | |
|---|---|---|---|---|---|---|
| Austria | 213533 | 222756 | 228922 | 72 | 73.4 | 75.1 |
| Belgium | 355744 | 378657 | 382922 | 97.6 | 101.7 | 102.5 |
| Cyprus | 11885 | 13470 | 14939 | 66.8 | 75 | 83.3 |
| Estonia | 950 | 1082 | 1197 | 6.3 | 6.7 | 7.3 |
| Finland | 85217 | 93020 | 99640 | 46.1 | 48.5 | 51.7 |
| France | 1696057 | 1789387 | 1832599 | 86 | 89.1 | 91 |
| Germany | 2073213 | 2116231 | 2169354 | 81.1 | 81.1 | 82.8 |
| Greece | 340906 | 280423 | 300807 | 158.8 | 136.9 | 150.3 |
| Ireland | 158802 | 174350 | 179718 | 101.5 | 108.5 | 111.5 |
| Italy | 1910024 | 1954490 | 1982239 | 121.7 | 123.7 | 126.1 |
| Luxembourg | 7849 | 9014 | 9148 | 18.9 | 20.9 | 20.9 |
| Malta | 4535 | 4838 | 5008 | 70.8 | 74.3 | 76.3 |
| Netherlands | 383799 | 400518 | 411170 | 64.2 | 66.5 | 68.2 |
| Portugal | 184417 | 190397 | 198136 | 106.7 | 112 | 117.5 |
| Slovakia | 28810 | 32358 | 35,307 | 42.8 | 46.4 | 50.1 |
| Slovenia | 16053 | 17030 | 17334 | 44.5 | 47 | 48.1 |
| Spain | 705526 | 774926 | 804615 | 66.7 | 72.9 | 76 |
Question #1 based on the same table is available here
| True | False | |
| The median national debt in the second quarter of 2012 was greater than 200 billion euros. | ||
| Of the three nations with the smallest absolute debt in the second quarter of 2011, only one ranked among the three nations with the smallest debt as percentage of GDP in that same quarter. |
ShowHide Answer
Official Answer
The median national debt in the second quarter of 2012 was greater than 200 billion euros.: False
Of the three nations with the smallest absolute debt in the second quarter of 2011, only one ranked among the three nations with the smallest debt as percentage of GDP in that same quarter.: False
03 Jan 2024, 12:00
Kudos
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how is 1st question's ans is false. its approx 2100000 million euro which is equal to 2100 billion euro . am I something missing or question is having some error?
04 Jan 2024, 12:20
Kudos
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Official Explanation
Statement 1: Sort on debt in Q2 of 2012, and locate the ninth of the 17 values. The median national debt in the second quarter of 2012 was 198,136 million euros in Portugal. This is just under 200 billion euros.
Answer: False
Statement 2: Sort on debt in Q2 of 2011. The three nations with the smallest absolute debt in the second quarter of 2011 were Estonia, Malta, and Luxembourg. Re-sort on percent of GDP in Q2 of 2011. The three smallest percentages belonged to Estonia, Luxembourg, and Slovakia.
Answer: False
Statement 1: Sort on debt in Q2 of 2012, and locate the ninth of the 17 values. The median national debt in the second quarter of 2012 was 198,136 million euros in Portugal. This is just under 200 billion euros.
Answer: False
Statement 2: Sort on debt in Q2 of 2011. The three nations with the smallest absolute debt in the second quarter of 2011 were Estonia, Malta, and Luxembourg. Re-sort on percent of GDP in Q2 of 2011. The three smallest percentages belonged to Estonia, Luxembourg, and Slovakia.
Answer: False
