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Question 4 The following table shows the total government expenditure and income, the gross government debt, the value of financial assets owned by the government

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Question 4 The following table shows the total government expenditure and income, the gross government debt, the value of financial assets owned by the government and the 1 mint nominal GDP for two different quarters (source: Statistics Canada). The government statistics are for all levels of government in Canada and all numbers are in billions of dollars. Gross Year Quarter Expenditure Income Debt Assets GDP 2000 4 452.3 483.6 1247.3 517.7 1132.9 2017 2 853.9 878.6 2427.1 1517.2 2130.9 What is the gross debt as a percentage of GDP in 2000 and 2017? Express your answer in percentage rounded to the nearest first decimal. i. 2000: Number ii. 2017: Number

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