The national debt refers to
the total amount of money that Canada owes to its creditors.
the ratio of Canada's exports to its imports.
the result of government spending more in a year than the value of GDP.
the excess amount of taxes over what the government spends in one year.
the amount of taxes the government collects in one year.

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The Answer of The national debt refers to
the total amount of money that Canada owes to its creditors.
the ratio of Canada's exports to its imports.
the result of government spending more in a year than the value of GDP.
the excess amount of taxes over what the government spends in one year.
the amount of taxes the government collects in one year.

The National Debt Refers to