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5. A brief history of the Canadian economy Aa Aa Which of the following is an example of Keynesian fiscal policy? O The Canadian Deposit Insurance Corporation (CDIC) increased its guarantee on deposits in 2005 from $60,000 to $100,000 O The Bank of Canada lowers the overnight interest rate after the 2008-2009 financial crisis. O The federal government passes a $30 billion stimulus package in its 2009 budget.

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Ans. The federal government passes a $30 billion stimulus package in its 2009 budget.

This is because , Keynesian Economics focuses of increased government expenditure.

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