Multiple Choice
Which of the following is one of the reasons why the Canadian government went from budget deficits to budget surpluses in the late 1990s?
A) Declining GDP.
B) Higher corporate tax rates.
C) Increased program spending.
D) Decreased transfer payments to the provinces for health and education.
E) Elimination of the national debt has eliminated interest payments.
Correct Answer:
Verified
Correct Answer:
Verified
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