The Reason That Fiscal Policy Was Not Helpful in the 1970s

Multiple Choice

The reason that fiscal policy was not helpful in the 1970s was that such policy is aimed at

A) both aggregate demand and aggregate supply,but the problem was only with demand
B) both aggregate demand and aggregate supply,but the problem was only with supply
C) aggregate demand only,but the problem was in aggregate supply
D) aggregate supply only,but the problem was in aggregate demand
E) either aggregate demand or aggregate supply,but the problem was with both of them at once