Which of the Following Allegedly Contributed to the Reversal of Stagflation

question 32

Multiple Choice

Which of the following allegedly contributed to the reversal of stagflation between 1983 and 2008?

• A)oil prices rose during the mid-1980s
• B)the pace of technological change gradually accelerated during this period
• C)labour unions became more prevalent in the Canadian economy
• D)the Bank of Canada adopted a highly expansionary monetary policy during the first part of this period
• E)the Canadian government adopted a highly expansionary fiscal policy during the latter part of this period

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