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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
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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