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In 2007 and 2008,Canada Was Affected by the Global Financial

Question 36

Multiple Choice

In 2007 and 2008,Canada was affected by the global financial crisis that had begun with the U.S.housing collapse.By the spring of 2009,the Bank of Canada had reached a practical minimum for its nominal policy interest rate of ________%.


A) 0
B) 0.25
C) 0.50
D) 0.75
E) 1.00

Correct Answer:

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