Multiple Choice
Which of the following was an important source of economic stability during the two decades following the recovery from the 1982 recession?
A) countercyclical fiscal policy instituted by Congress
B) a substantial increase in government spending as a share of the economy
C) monetary policy that kept the inflation rate low and relatively steady
D) balanced federal budgets throughout the period
Correct Answer:
Verified
Correct Answer:
Verified
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