9.9 You are given the following Federal Government public debt and related economic data for Canada, in millions of dollars: Net Public Year GDP Federal IPI Debt Interest Government current $ 2002=100 Population Cost Revenues Mil. $ Mil. $ 000 Mil. $ Mil. $ 1962 14,825 44,665 15.8 1967 18,583 571 6,506 17,707 69,698 18.8 20,378 663 9,974 1972 22,079 111,782 23.0 22,218 977 17,119 1977 41,517 224,951 37.5 23,726 2,298 35,283 1982 107,622 386,773 58.5 25, 117 9,914 67,289 1987 281,832 571,926 71.4 26,447 24,463 86,746 1992 445,729 716,019 84.7 28,371 37,340 126,086 1997 608,996 903,902 91.6 29,906 43,034 149,889 2002 565,312 1, 189,452 100.0 31,358 34,026 183,930 2007 523,905 1,573,532 116.7 32,888 25,303 238,397 2012 651,535 1,822,808 127.4 34,751 20,253 249, 107 2016 693,751 2,027,544 131.7 36,286 14,276 295,453 a) On the basis of the above data, calculate the following ratios for the period 1962- 2016: i) Debt-to-GDP ratio, in (%) ii) Interest cost-to-government revenue ratio, in (%) ii) Interest to GDP ratio, in (%) iv) Interest cost to public debt ratio, in (%) v) Real debt in constant, 2002 $ vi) Real debt per capita b) Based on the ratios you have calculated, assess the relative size of the public debt, recent trends and comment on the Government's ability to carry this debt into the future