Multiple Choice
Which of the following is true about the recession of the early 1990s?
A) The recession was triggered by Iraq's invasion of Kuwait
B) Because of large federal deficits, policy makers were reluctant to adopt discretionary fiscal policy to revive the economy
C) President George H. W. Bush advocated a passive approach
D) Presidential candidate Bill Clinton advocated an active approach
E) All of the answers are correct
Correct Answer:

Verified
Correct Answer:
Verified
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