The Economy Went into a Recession in March 2001, What

Multiple Choice

The economy went into a recession in March 2001, what policies did President Bush implement in response?

A) Tax cuts aimed primarily at middle class and low income consumers in order to stimulate consumption.
B) Tax cuts aimed primarily at wealth individuals in order to stimulate savings and investment.
C) Tax increases across all income groups in order to finance increased government spending.
D) A sharp increase in all discretionary, nonmilitary spending.