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Author Question: In the 19th century, Canada had a period of significant current account deficits, which contributed ... (Read 167 times)

bio_gurl

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In the 19th century, Canada had a period of significant current account deficits, which contributed to economic growth. These deficits most notably
◦ financed lower taxes.
◦ allowed for a substantial increase in government spending's share of GDP.
◦ financed construction of railroads.
◦ financed consumer spending.
◦ financed the development of land-grant universities.


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Marked as best answer by bio_gurl on Jan 2, 2020

vish98

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bio_gurl

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Reply 2 on: Jan 2, 2020
YES! Correct, THANKS for helping me on my review


mammy1697

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Reply 3 on: Yesterday
:D TYSM

 

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