Between 1981 and 1988, what caused most of the change in Canadian net capital outflow as a percent of GDP?
A) decline in public saving
B) decline in private saving
C) increase in public saving
D) increase in private saving

Question

Quizplus · Accepted Answer

The primary cause of the change in Canadian net capital outflow as a percent of GDP between 1981 and 1988 was a decline in public saving. This period was characterized by significant fiscal deficits, which reduced the amount of public saving and thereby affected the country's net capital outflow.

Between 1981 and 1988, What Caused Most of the Change