SlideShare a Scribd company logo
1 of 1
Download to read offline
In a spreadsheet, decompose the change in the debt ratio from 2020 to 2025 into its key drivers
using the equation for debt accumulation that we studied in class (shown above) and data from
Budget 2023 Economic & Fiscal Outlook. (ii) Construct a table summarising how each of the three
components of the equation contributed to changes in the debt ratio during the COVID-19
pandemic as well as their expected contributions in the years ahead. (iii) Comment briefly on how
each of these drivers have contributed to changes in the debt ratio during the pandemic and in the
years ahead.

More Related Content

More from ADITIEYEWEAR

In 2019 scientists conducted a research study about spicy f.pdf
In 2019 scientists conducted a research study about spicy f.pdfIn 2019 scientists conducted a research study about spicy f.pdf
In 2019 scientists conducted a research study about spicy f.pdfADITIEYEWEAR
 
In a holiday gathering two families family 1 and family 2 .pdf
In a holiday gathering two families family 1 and family 2 .pdfIn a holiday gathering two families family 1 and family 2 .pdf
In a holiday gathering two families family 1 and family 2 .pdfADITIEYEWEAR
 
in 2019 facebook Announced is Plan 70 pon out a nea stablec.pdf
in 2019 facebook Announced is Plan 70 pon out a nea stablec.pdfin 2019 facebook Announced is Plan 70 pon out a nea stablec.pdf
in 2019 facebook Announced is Plan 70 pon out a nea stablec.pdfADITIEYEWEAR
 
In a city of half a million there are initially 400 cases o.pdf
In a city of half a million there are initially 400 cases o.pdfIn a city of half a million there are initially 400 cases o.pdf
In a city of half a million there are initially 400 cases o.pdfADITIEYEWEAR
 
In a 10year graph with an explanation of Idaho Panhandle H.pdf
In a 10year graph with an explanation of Idaho Panhandle H.pdfIn a 10year graph with an explanation of Idaho Panhandle H.pdf
In a 10year graph with an explanation of Idaho Panhandle H.pdfADITIEYEWEAR
 
In 2D let xx1x2 Write down the explicit cubic feature.pdf
In 2D let xx1x2 Write down the explicit cubic feature.pdfIn 2D let xx1x2 Write down the explicit cubic feature.pdf
In 2D let xx1x2 Write down the explicit cubic feature.pdfADITIEYEWEAR
 
In 2018 Tirana Trucks had a retum on equity of 180 and a.pdf
In 2018 Tirana Trucks had a retum on equity of 180 and a.pdfIn 2018 Tirana Trucks had a retum on equity of 180 and a.pdf
In 2018 Tirana Trucks had a retum on equity of 180 and a.pdfADITIEYEWEAR
 
In 2021 California passed a law to provide all public schoo.pdf
In 2021 California passed a law to provide all public schoo.pdfIn 2021 California passed a law to provide all public schoo.pdf
In 2021 California passed a law to provide all public schoo.pdfADITIEYEWEAR
 
import yfinance as yf yfTickerstickersAAPL TSLA.pdf
import yfinance as yf yfTickerstickersAAPL TSLA.pdfimport yfinance as yf yfTickerstickersAAPL TSLA.pdf
import yfinance as yf yfTickerstickersAAPL TSLA.pdfADITIEYEWEAR
 
In 2020 Natural Selection a nationwide computer dating se.pdf
In 2020 Natural Selection a  nationwide computer dating se.pdfIn 2020 Natural Selection a  nationwide computer dating se.pdf
In 2020 Natural Selection a nationwide computer dating se.pdfADITIEYEWEAR
 
In 2017 Americans spent a recordhigh 91 billion on Hallo.pdf
In 2017 Americans spent a recordhigh 91 billion on Hallo.pdfIn 2017 Americans spent a recordhigh 91 billion on Hallo.pdf
In 2017 Americans spent a recordhigh 91 billion on Hallo.pdfADITIEYEWEAR
 
In 2016 an investment platform analyzed whether American ad.pdf
In 2016 an investment platform analyzed whether American ad.pdfIn 2016 an investment platform analyzed whether American ad.pdf
In 2016 an investment platform analyzed whether American ad.pdfADITIEYEWEAR
 
import javautilLinkedList import javautilQueue import .pdf
import javautilLinkedList import javautilQueue import .pdfimport javautilLinkedList import javautilQueue import .pdf
import javautilLinkedList import javautilQueue import .pdfADITIEYEWEAR
 
In 2010 the Pew Research Center reported that teenagers send.pdf
In 2010 the Pew Research Center reported that teenagers send.pdfIn 2010 the Pew Research Center reported that teenagers send.pdf
In 2010 the Pew Research Center reported that teenagers send.pdfADITIEYEWEAR
 
Implementing CRM Across 3CA Ian was marketing and sales dire.pdf
Implementing CRM Across 3CA Ian was marketing and sales dire.pdfImplementing CRM Across 3CA Ian was marketing and sales dire.pdf
Implementing CRM Across 3CA Ian was marketing and sales dire.pdfADITIEYEWEAR
 
Implement special cases here define delete t v let.pdf
Implement special cases here define delete t v      let.pdfImplement special cases here define delete t v      let.pdf
Implement special cases here define delete t v let.pdfADITIEYEWEAR
 
import javaawt import javaxswing import javaxswing.pdf
import javaawt import javaxswing import javaxswing.pdfimport javaawt import javaxswing import javaxswing.pdf
import javaawt import javaxswing import javaxswing.pdfADITIEYEWEAR
 
Implement a JAVA application that keeps track of package del.pdf
Implement a JAVA application that keeps track of package del.pdfImplement a JAVA application that keeps track of package del.pdf
Implement a JAVA application that keeps track of package del.pdfADITIEYEWEAR
 
import javaxswing import javaawtevent import javai.pdf
import javaxswing import javaawtevent import javai.pdfimport javaxswing import javaawtevent import javai.pdf
import javaxswing import javaawtevent import javai.pdfADITIEYEWEAR
 
Implementation Your program shall contain at least the follo.pdf
Implementation Your program shall contain at least the follo.pdfImplementation Your program shall contain at least the follo.pdf
Implementation Your program shall contain at least the follo.pdfADITIEYEWEAR
 

More from ADITIEYEWEAR (20)

In 2019 scientists conducted a research study about spicy f.pdf
In 2019 scientists conducted a research study about spicy f.pdfIn 2019 scientists conducted a research study about spicy f.pdf
In 2019 scientists conducted a research study about spicy f.pdf
 
In a holiday gathering two families family 1 and family 2 .pdf
In a holiday gathering two families family 1 and family 2 .pdfIn a holiday gathering two families family 1 and family 2 .pdf
In a holiday gathering two families family 1 and family 2 .pdf
 
in 2019 facebook Announced is Plan 70 pon out a nea stablec.pdf
in 2019 facebook Announced is Plan 70 pon out a nea stablec.pdfin 2019 facebook Announced is Plan 70 pon out a nea stablec.pdf
in 2019 facebook Announced is Plan 70 pon out a nea stablec.pdf
 
In a city of half a million there are initially 400 cases o.pdf
In a city of half a million there are initially 400 cases o.pdfIn a city of half a million there are initially 400 cases o.pdf
In a city of half a million there are initially 400 cases o.pdf
 
In a 10year graph with an explanation of Idaho Panhandle H.pdf
In a 10year graph with an explanation of Idaho Panhandle H.pdfIn a 10year graph with an explanation of Idaho Panhandle H.pdf
In a 10year graph with an explanation of Idaho Panhandle H.pdf
 
In 2D let xx1x2 Write down the explicit cubic feature.pdf
In 2D let xx1x2 Write down the explicit cubic feature.pdfIn 2D let xx1x2 Write down the explicit cubic feature.pdf
In 2D let xx1x2 Write down the explicit cubic feature.pdf
 
In 2018 Tirana Trucks had a retum on equity of 180 and a.pdf
In 2018 Tirana Trucks had a retum on equity of 180 and a.pdfIn 2018 Tirana Trucks had a retum on equity of 180 and a.pdf
In 2018 Tirana Trucks had a retum on equity of 180 and a.pdf
 
In 2021 California passed a law to provide all public schoo.pdf
In 2021 California passed a law to provide all public schoo.pdfIn 2021 California passed a law to provide all public schoo.pdf
In 2021 California passed a law to provide all public schoo.pdf
 
import yfinance as yf yfTickerstickersAAPL TSLA.pdf
import yfinance as yf yfTickerstickersAAPL TSLA.pdfimport yfinance as yf yfTickerstickersAAPL TSLA.pdf
import yfinance as yf yfTickerstickersAAPL TSLA.pdf
 
In 2020 Natural Selection a nationwide computer dating se.pdf
In 2020 Natural Selection a  nationwide computer dating se.pdfIn 2020 Natural Selection a  nationwide computer dating se.pdf
In 2020 Natural Selection a nationwide computer dating se.pdf
 
In 2017 Americans spent a recordhigh 91 billion on Hallo.pdf
In 2017 Americans spent a recordhigh 91 billion on Hallo.pdfIn 2017 Americans spent a recordhigh 91 billion on Hallo.pdf
In 2017 Americans spent a recordhigh 91 billion on Hallo.pdf
 
In 2016 an investment platform analyzed whether American ad.pdf
In 2016 an investment platform analyzed whether American ad.pdfIn 2016 an investment platform analyzed whether American ad.pdf
In 2016 an investment platform analyzed whether American ad.pdf
 
import javautilLinkedList import javautilQueue import .pdf
import javautilLinkedList import javautilQueue import .pdfimport javautilLinkedList import javautilQueue import .pdf
import javautilLinkedList import javautilQueue import .pdf
 
In 2010 the Pew Research Center reported that teenagers send.pdf
In 2010 the Pew Research Center reported that teenagers send.pdfIn 2010 the Pew Research Center reported that teenagers send.pdf
In 2010 the Pew Research Center reported that teenagers send.pdf
 
Implementing CRM Across 3CA Ian was marketing and sales dire.pdf
Implementing CRM Across 3CA Ian was marketing and sales dire.pdfImplementing CRM Across 3CA Ian was marketing and sales dire.pdf
Implementing CRM Across 3CA Ian was marketing and sales dire.pdf
 
Implement special cases here define delete t v let.pdf
Implement special cases here define delete t v      let.pdfImplement special cases here define delete t v      let.pdf
Implement special cases here define delete t v let.pdf
 
import javaawt import javaxswing import javaxswing.pdf
import javaawt import javaxswing import javaxswing.pdfimport javaawt import javaxswing import javaxswing.pdf
import javaawt import javaxswing import javaxswing.pdf
 
Implement a JAVA application that keeps track of package del.pdf
Implement a JAVA application that keeps track of package del.pdfImplement a JAVA application that keeps track of package del.pdf
Implement a JAVA application that keeps track of package del.pdf
 
import javaxswing import javaawtevent import javai.pdf
import javaxswing import javaawtevent import javai.pdfimport javaxswing import javaawtevent import javai.pdf
import javaxswing import javaawtevent import javai.pdf
 
Implementation Your program shall contain at least the follo.pdf
Implementation Your program shall contain at least the follo.pdfImplementation Your program shall contain at least the follo.pdf
Implementation Your program shall contain at least the follo.pdf
 

Recently uploaded

Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...EduSkills OECD
 
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Celine George
 
diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....Ritu480198
 
How to Analyse Profit of a Sales Order in Odoo 17
How to Analyse Profit of a Sales Order in Odoo 17How to Analyse Profit of a Sales Order in Odoo 17
How to Analyse Profit of a Sales Order in Odoo 17Celine George
 
demyelinated disorder: multiple sclerosis.pptx
demyelinated disorder: multiple sclerosis.pptxdemyelinated disorder: multiple sclerosis.pptx
demyelinated disorder: multiple sclerosis.pptxMohamed Rizk Khodair
 
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading RoomSternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading RoomSean M. Fox
 
An overview of the various scriptures in Hinduism
An overview of the various scriptures in HinduismAn overview of the various scriptures in Hinduism
An overview of the various scriptures in HinduismDabee Kamal
 
MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...
MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...
MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...Krashi Coaching
 
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文中 央社
 
How To Create Editable Tree View in Odoo 17
How To Create Editable Tree View in Odoo 17How To Create Editable Tree View in Odoo 17
How To Create Editable Tree View in Odoo 17Celine George
 
Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024CapitolTechU
 
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...Nguyen Thanh Tu Collection
 
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...Nguyen Thanh Tu Collection
 
The basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptxThe basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptxheathfieldcps1
 
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...Gary Wood
 
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjj
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjjStl Algorithms in C++ jjjjjjjjjjjjjjjjjj
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjjMohammed Sikander
 
How to Manage Closest Location in Odoo 17 Inventory
How to Manage Closest Location in Odoo 17 InventoryHow to Manage Closest Location in Odoo 17 Inventory
How to Manage Closest Location in Odoo 17 InventoryCeline George
 

Recently uploaded (20)

Word Stress rules esl .pptx
Word Stress rules esl               .pptxWord Stress rules esl               .pptx
Word Stress rules esl .pptx
 
Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...
 
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
 
diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....
 
Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"
Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"
Mattingly "AI and Prompt Design: LLMs with Text Classification and Open Source"
 
IPL Online Quiz by Pragya; Question Set.
IPL Online Quiz by Pragya; Question Set.IPL Online Quiz by Pragya; Question Set.
IPL Online Quiz by Pragya; Question Set.
 
How to Analyse Profit of a Sales Order in Odoo 17
How to Analyse Profit of a Sales Order in Odoo 17How to Analyse Profit of a Sales Order in Odoo 17
How to Analyse Profit of a Sales Order in Odoo 17
 
demyelinated disorder: multiple sclerosis.pptx
demyelinated disorder: multiple sclerosis.pptxdemyelinated disorder: multiple sclerosis.pptx
demyelinated disorder: multiple sclerosis.pptx
 
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading RoomSternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
 
An overview of the various scriptures in Hinduism
An overview of the various scriptures in HinduismAn overview of the various scriptures in Hinduism
An overview of the various scriptures in Hinduism
 
MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...
MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...
MSc Ag Genetics & Plant Breeding: Insights from Previous Year JNKVV Entrance ...
 
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
 
How To Create Editable Tree View in Odoo 17
How To Create Editable Tree View in Odoo 17How To Create Editable Tree View in Odoo 17
How To Create Editable Tree View in Odoo 17
 
Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024
 
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
 
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
24 ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH SỞ GIÁO DỤC HẢI DƯ...
 
The basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptxThe basics of sentences session 4pptx.pptx
The basics of sentences session 4pptx.pptx
 
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
 
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjj
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjjStl Algorithms in C++ jjjjjjjjjjjjjjjjjj
Stl Algorithms in C++ jjjjjjjjjjjjjjjjjj
 
How to Manage Closest Location in Odoo 17 Inventory
How to Manage Closest Location in Odoo 17 InventoryHow to Manage Closest Location in Odoo 17 Inventory
How to Manage Closest Location in Odoo 17 Inventory
 

In a spreadsheet decompose the change in the debt ratio fro.pdf

  • 1. In a spreadsheet, decompose the change in the debt ratio from 2020 to 2025 into its key drivers using the equation for debt accumulation that we studied in class (shown above) and data from Budget 2023 Economic & Fiscal Outlook. (ii) Construct a table summarising how each of the three components of the equation contributed to changes in the debt ratio during the COVID-19 pandemic as well as their expected contributions in the years ahead. (iii) Comment briefly on how each of these drivers have contributed to changes in the debt ratio during the pandemic and in the years ahead.