Which of the following can explain the Canada's unprecedented high debt-GDP ratio between 1975 and 1995?
A) Canada experienced a combination of low interest rate payable on government debt and a high economic growth.
B) Canada experienced a combination of high interest rate payable on government debt and a slow economic growth.
C) Canada experienced a combination of low interest rate payable on government debt and a slow economic growth.
D) Canada experienced a combination of high interest rate payable on government debt and a high economic growth.
Correct Answer:
Verified
Q43: Which of the following would be most
Q44: Generational accounts show how much each generation
A)contributes
Q45: Economists prefer tax rate smoothing because
A)it minimizes
Q46: An increased government deficit created by a
Q47: An expansionary fiscal policy will NOT cause
Q50: The real seignorage collected by the government
Q53: Increases in the debt-GDP ratio are primarily
Q62: In which case would you be most
Q65: Seignorage is the revenue a government raises
Q69: According to the Ricardian equivalence proposition,current deficits
A)will
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents