Which of the following best describes the level of per capita debt for Canadians?
A)Canadian per capita debt is under control, but not so for Americans.
B)While the debt level has increased, it is not that much more than inflation.
C)Debt has increased 5.2 times between 1980 and 2006.
D)Canadian debt as a percentage of disposable income has increased to 40 percent in 2008.

Question

Quizplus · Accepted Answer

Between 1980 and 2006, Canadian per capita debt increased significantly, by 5.2 times, reflecting a substantial rise in borrowing and debt levels over that period.

Which of the Following Best Describes the Level of Per