Which of the following statements is not correct?
A) Provincial and territorial deficits were lower in the early 2010s than they were in the early 2000s.
B) There is a tendency for the public debt to grow during recessions.
C) The public debt has usually increased during wartime.
D) About a fifth of all Canadian government debt is held by foreigners.
E) Public debt fell between the mid-1990s and mid-2000s.
Correct Answer:
Verified
Q42: The drawbacks of fiscal policy include its:
A)potential
Q43: In 2010,debt for all levels of government
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:
A)are a relatively minor expenditure
Q48: In Year X,the federal government's expenditures were
Q49: The public debt:
A)refers to the debts of
Q50: If government adhered strictly to an annually
Q52: According to John Maynard Keynes:
A)Say's Law is
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