Based on what we observed in the module on public finance, select all true statements. O The largest decline of the real net debt for the Canadian federal government happened around 2000. Among the OECD countries, the Canadian government (all governments) is among the most indebted countries (above the median), if debt is measured by the gross debt as a percentage of GDP. O Over the 1960-2020 period, the main source of revenue for all governments shifted from income taxes to taxes on production and imports. O None of the above

Based on what we observed in the module on public finance, select all true statements. O The largest decline of the real net debt for the Canadian federal government happened around 2000. Among the OECD countries, the Canadian government (all governments) is among the most indebted countries (above the median), if debt is measured by the gross debt as a percentage of GDP. O Over the 1960-2020 period, the main source of revenue for all governments shifted from income taxes to taxes on production and imports. O None of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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