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Which of the Following Best Represents Canada's Fiscal and Monetary

Question 74

Multiple Choice

Which of the following best represents Canada's fiscal and monetary policies in response to the 2008-2009 financial crisis and recession?


A) Government followed a contractionary fiscal policy,but Bank of Canada followed an expansionary monetary policy.
B) Government followed an expansionary fiscal policy,but Bank of Canada followed a contractionary monetary policy.
C) Both government and Bank of Canada followed an expansionary policy.
D) Both government and Bank of Canada followed a contractionary policy.

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