Multiple Choice
Accumulating debt poses a problem for the Canadian federal government because
A) it is currently in danger of defaulting on on the debt.
B) a large debt-to-GDP ratio causes crowding out.
C) building roads and bridges do not yield enough benefits to justify their cost.
D) the debt has to ultimately be paid off.
E) a large debt-to-GDP ratio discourages imports.
Correct Answer:
Verified
Correct Answer:
Verified
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