K Choose the correct statements. 1. Canda's debt-to-GDP ratio has been growing steadily since 1995. 2. Canadian government debt is currently equal to GDP. 3. A government budget deficit increases government debt. 4. Government debt is the total amount of government borrowing. O A. Statements 3 and 4 are correct. B. Statements 1 and 2 are correct. C. Statements 2 and 4 are correct. D. Statements 1 and 3 are correct