Multiple Choice
Which of the following contributed the most to the economic stability and strong growth of real GDP during the 1980s and 1990s?
A) the rapid growth of government expenditures throughout most of the period
B) congressional policies that persistently balance the budget
C) modifications in fiscal policy that stimulated aggregate demand during economic slowdowns and restrained it during periods of economic boom
D) Federal Reserve policies that kept the inflation rate low and relatively stable
Correct Answer:
Verified
Correct Answer:
Verified
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