Which of the Following Can Explain the Canada's Unprecedented High

question 6

Multiple Choice

Which of the following can explain the Canada's unprecedented high debt-GDP ratio between 1975 and 1995?

• A)Canada experienced a combination of low interest rate payable on government debt and a high economic growth.
• B)Canada experienced a combination of high interest rate payable on government debt and a slow economic growth.
• C)Canada experienced a combination of low interest rate payable on government debt and a slow economic growth.
• D)Canada experienced a combination of high interest rate payable on government debt and a high economic growth.

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