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    Economics Principles and Policy Study Set 1
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    Exam 31: He Financial Crisis and the Great Recession
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    Despite Both Monetary and Fiscal Policy Actions, Real GDP Declined
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Despite Both Monetary and Fiscal Policy Actions, Real GDP Declined

Question 19

Question 19

True/False

Despite both monetary and fiscal policy actions, real GDP declined at an annualized rate of 6% during the last quarter of 2008 and the first quarter of 2009.

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