Multiple Choice
Recall the Application about the success of the 2009 stimulus package to answer the following question(s) .
-According to the Application, economist John B. Taylor found that the temporary tax cuts which were a part of the 2009 stimulus package
A) were very successful in stimulating consumption spending.
B) did very little to stimulate consumption spending.
C) were split very evenly between consumption spending and household saving.
D) were primarily used to pay off home mortgage balances.
Correct Answer:

Verified
Correct Answer:
Verified
Q59: What is the reason that stabilization policies
Q60: Recall the Application about how society will
Q61: Taxation and government spending are examples of
Q62: Expansionary policies are policies designed to<br>A) increase
Q63: A White House proposal to lower business
Q65: Why do most economists believe that the
Q66: An outside lag is the time period
Q67: Contractionary policies are policies designed to<br>A) increase
Q68: When the economy is producing its potential
Q69: Stabilization policies are actions taken to bring