The Bank of Canada may inadvertently engage in procyclical policy rather than countercyclical policy due to
A) poor political planning.
B) shifts in the AD curve.
C) the global recession of 2007-2009.
D) a lag in gathering and analyzing the data, delaying when the Bank of Canada can recognize a recession has begun.
E) a lack of communication between the Bank of Canada and the federal government.
Correct Answer:
Verified
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