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    Exam 12: Spending Others Money: Fiscal Policy, Deficits, and National Debt
  5. Question
    In 2009, Canada's Debt Was $463
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In 2009, Canada's Debt Was $463

Question 27

Question 27

Multiple Choice

In 2009, Canada's debt was $463.7 billion and nominal GDP was around $1,600 billion. The debt to GDP ratio was about


A) 45 percent.
B) 3.4 percent.
C) 345 percent.
D) 30 percent.
E) 15 percent.

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