Multiple Choice
Which of the following contributed to the weak recovery from the 2008-2009 recession?
A) constant policy changes that generated uncertainty and undermined private investment
B) the restrictive monetary policy followed by the Fed
C) the tax increases instituted by a Congress intent on balancing the budget
D) the inability of the federal government to borrow because of the sharply higher interest rates
Correct Answer:
Verified
Correct Answer:
Verified
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