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.
Correct Answer:

Verified
Correct Answer:
Verified
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