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Which of the Following Contributed to the Weak Recovery from the 2008-2009

Question 39

Multiple Choice

Which of the following contributed to the weak recovery from the 2008-2009 recession?


A) Government stimulus spending that was largely temporary and often directed toward unproductive activities.
B) The restrictive monetary policy followed by the Fed.
C) The tax increases instituted by a Congress intent on balancing the budget.
D) The failure of the Fed to provide the banking system with sufficient reserves for the extension of new loans.

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