When confronting declining economic growth and recession during the 1990s,how did the Canadian response differ from that of Japan?
A) Canada reduced government spending and shifted the government budget toward a surplus;Japan did the opposite.
B) Canada increased government spending and shifted the government budget toward a deficit;Japan did the opposite.
C) Canada shifted to a highly restrictive monetary policy,while the monetary policy of Japan was highly expansionary.
D) Canada increased tariffs and imposed trade restrictions;Japan did the opposite.
Correct Answer:
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