Multiple Choice
The stimulus package proposed in 2009 by newly-elected President Obama included
A) reduced income tax rates for high-income individuals.
B) reduced levels of federal government aid to state and local governments.
C) a combination of tax changes and significant increases in federal government spending.
D) rapid contraction of the overall size of the federal government as a share of GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: Monetary policy designed to counteract a reduction
Q48: The efforts to revive the economy in
Q49: Monetary policy designed to counteract a reduction
Q50: A factor that might have contributed to
Q51: The elements of the stimulus package adopted
Q52: Discretionary fiscal policies that increase aggregate demand
Q53: The Federal Reserve is blamed by some
Q54: Housing prices peaked<br>A)right as the recession began
Q55: The beginning date of the recession of
Q57: In the recession of 2007-2009, the Net