The table below gives information on income and debt for a, Ask an Expert

Economics

The table below gives information on income and debt for a small nation for the years 2008 through 2011. The nation had average household debt of $35000 at the end of 2007. Use this information to fill in the blanks in the table below. Instructions: Round your dollar-based answers to the nearest dollar and your percentage answers to two decimal places.

Year	Household income ($)	Financial obligations ($)	Financial obligations as % of income	Household debt ($)	Debt as % of income
2008	38000	4200
2009	38000	4100
2010	40000	4800
2011	45200	6000

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92633992

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