Multiple Choice
A factor that might have contributed to the weakening of the U.S. economy in 2007-2009 was
A) historically low interest rates.
B) uncertainty concerning the outcome of the 2008 presidential election.
C) rapid growth of the money stock.
D) rising levels of federal government spending.
Correct Answer:
Verified
Correct Answer:
Verified
Q28: The discretionary fiscal policy initiatives adopted in
Q29: The deepening recession in late 2008 sharply
Q30: The lowering of the federal funds rate
Q31: Economic growth leading into the 2007-2009 recession
Q32: Non-discretionary fiscal policy initiatives adopted in 2009
Q34: Discretionary fiscal policy designed to counteract a
Q35: In the years immediately prior to 2005
Q36: One of the most, if not the
Q37: The slow growth coming out of the
Q38: If not corrected, the financial sector crisis