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The Main Problem with the Wall Street Stock Market Crash,which

Question 238

Multiple Choice

The main problem with the Wall Street stock market crash,which saw the Canadian economy shrink significantly,was that:


A) the Bank of Canada's monetary policy was too restrictive.
B) government budget deficits destabilized the system.
C) the money supply was not sufficiently responsive to economic changes.
D) the currency was not uniform because each bank issued its own notes.

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