Which of the following countries uses the lowest proportion of debt among the industrialized countries?
Select one:
a. The United States
b. Canada
c. Italy
d. The United Kingdom
e. Japan
Canada. (which is Option B) [the answer may vary based on the year for which the question has been asked]
_____
Explanation:
The countries have been organized in the highest to lowest debt proportion (based on Debt-to-GDP ratio for the year 2018) as below:
1) Japan - Highest from the options provided in the question. (Around 234%)
2) Italy (Around 156%)
3) United States (Around 127%)
4) United Kingdom (Around 119%)
5) Japan - Lowest from the options given in the question. (Around 114%)
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