Despite the Fact That Fiscal Policy Is Not Effective When

question 22

Multiple Choice

Despite the fact that fiscal policy is not effective when dealing with recession,Canadian government conducted an expansionary fiscal policy in response to the 2008-2009 financial crisis and recession.What might explain best the rationale for this policy?

• A)Since the U.S.did not conduct an expansionary fiscal policy,Canada had to do it.
• B)Canada had a budget surplus and could afford to conduct an aggressive expansionary policy.
• C)The muted response proved politically unpopular,and it was increasingly apparent that the recession was worldwide in scope,requiring a coordinated response internationally.
• D)No other countries conducted an expansionary fiscal policy,so Canada had to do it.

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Definitions:

Captopril

A medication used to treat high blood pressure and heart failure, functioning as an ACE inhibitor.

Chiral Centers

Atoms within a molecule that are bonded to four different groups, allowing for isomers that are mirror images but not superimposable, contributing to chirality.

Congestive Heart Failure

A chronic condition in which the heart doesn't pump blood as well as it should, leading to an accumulation of fluid in lungs and tissues.

Asymmetric Carbon

A carbon atom bonded to four different groups, creating a center of chirality and leading to optical isomerism in molecules.