Which of the following statement(s) is/are true?

a.

Most economists use the rule of thumb that as long as the rate of increase in government's debt is not significantly greater than that of GDP for several years in a row it does not represent a severe problem for the economy.

b.

The Trudeau Liberal government prefers to speak of debt-to-GDP ratios than the absolute value of the debt.

c.

Prior to COVID-19 spending, the Canadian debt is still at a lower level relative to GDP than it was in 1995.

d.

Only A) and B) are true.

e.

A), B), and C) are true.