In 2010,debt for all levels of government in Canada as a percentage of GDP was:
A) higher than the comparable percentages for the United States and the United Kingdom
B) higher than the comparable percentages for Japan and Italy
C) lower than the comparable percentages for the United States and the United Kingdom
D) lower than the comparable percentages for Japan and Italy
E) about the same as for Australia and Sweden
Correct Answer:
Verified
Q38: Q39: The effect of an increase in personal Q40: If government purchases increase by $20 billion Q41: Functional finance: Q42: The drawbacks of fiscal policy include its: Q44: In the late 2000s and early 2010s,Canada's Q45: In a given year,the federal government's revenues Q46: According to neoclassical economists before John Maynard Q47: Public debt charges: Q48: In Year X,the federal government's expenditures were
A)is designed to increase the MPC
A)potential
A)are a relatively minor expenditure
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