Multiple Choice
Which of the following occurred during and following the 2008-2009 recession?
A) Unemployment benefits were extended from their normal 26 weeks to up to 99 weeks.
B) The Federal Reserve more than doubled the size of the monetary base.
C) The federal budget deficit expanded to approximately 10 percent of GDP.
D) All of the above are true.
Correct Answer:
Verified
Correct Answer:
Verified
Q36: If there is an increase in foreign
Q37: Which of the following is true of
Q38: Keynesian economists argue that during a recession<br>A)
Q39: The persistence of budget deficits during the
Q40: Which of the following makes it more
Q42: The crowding-out effect refers to the tendency
Q43: Ricardian Equivalence maintains that an increase in
Q44: According to the critics of Keynesian economics,
Q45: Which of the following most clearly indicates
Q46: Which of the following is a consensus