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If the Federal Government Owes Money to Individuals in Other

Question 28

Multiple Choice

If the federal government owes money to individuals in other countries:


A) it is part of gross debt but not included in net debt.
B) it is not recorded in the official debt statement.
C) the payments on the debt are affected by changes in the foreign exchange value of the Canadian dollar.
D) it is normally at higher interest rates than money borrowed in Canada.

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