Compared with the Recovery from the Recession of 1981-82, the Recovery

Multiple Choice

Compared with the recovery from the recession of 1981-82, the recovery from the recession of 2008-09 was characterized by

A) more rapid growth of real GDP.
B) a more rapid decline in the rate of unemployment.
C) larger increases in both government spending and budget deficits as a share of GDP.
D) higher interest rates and a more restrictive monetary policy.