Multiple Choice
Many economists believe that increases in government spending were necessary to help the Canadian economy recover from the recession of 2008-2009.Neils Veldhuis and Charles Lammam, on the other hand, believe that the recovery was due to
A) increases in net exports.
B) decreases in the price level.
C) increases in private spending.
D) a fall in potential GDP.
E) workers accepting much lower wages.
Correct Answer:
Verified
Correct Answer:
Verified
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