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The Public Debt

Question 49

Multiple Choice

The public debt:


A) refers to the debts of Canadian governments, businesses, and households
B) consists of the total debts of Canadian provincial and territorial governments
C) refers to the collective amount that Canadians owe to foreigners
D) consists of the accumulation of all past federal deficits minus any federal surpluses
E) refers to the portion of total Canadian government debt owed to foreigners

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