Multiple Choice
Which of the following contributed to the weak recovery from the 2008-2009 recession?
A) the restrictive monetary policy followed by the Fed
B) constant policy changes that created uncertainty and thereby retarded private business investment
C) sharp reductions in federal spending that were designed to achieve a balanced federal budget
D) failure to run budget deficits that were large enough to exert an impact on aggregate demand
Correct Answer:
Verified
Correct Answer:
Verified
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