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) Government spending was increased by only a small amount.
C) The temporary nature of the tax rebates and spending increases created uncertainty and exerted only a weak impact on aggregate demand.
D) The budget deficits were too small to exert much impact on aggregate demand, output, and employment.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: How do new classical economists differ from
Q7: If a reduction in government borrowing leads
Q8: Supply-side economic policies are best viewed as<br>A)
Q9: Expansionary fiscal policy during a recession is
Q10: Use the figure below to answer the
Q12: Are jobs the key to economic progress
Q13: Which of the following propositions would a
Q14: During the 1980s, the top marginal tax
Q15: The policy response to the recession of
Q16: Crowding out refers to the situation in