Which of the following fact regarding federal budget balance in Canada is TRUE?

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter6: Government Influence On Exchange Rates
Section: Chapter Questions
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Which of the following fact regarding federal budget balance in Canada is TRUE?
Multiple Choice
the largest budget deficits happened in 1992.
there was budget surplus between 1985 to 1995
there was budget surplus between 1975 to 1985
the largest budget deficits happened in 1985.
the largest budget surplus happened in 2019.
Transcribed Image Text:Which of the following fact regarding federal budget balance in Canada is TRUE? Multiple Choice the largest budget deficits happened in 1992. there was budget surplus between 1985 to 1995 there was budget surplus between 1975 to 1985 the largest budget deficits happened in 1985. the largest budget surplus happened in 2019.
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