Multiple Choice
The 2008-2009 recession in Canada was the result of
A) the Bank of Canada changing to a more anti-inflationary monetary rule.
B) the Bank of Canada changing to a less anti-inflationary monetary rule.
C) a reduction in private-sector investment.
D) a reduction in private-sector investment and net exports.
E) too much money chasing too few goods.
Correct Answer:
Verified
Correct Answer:
Verified
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