Multiple Choice
During the 2008-2009 period, the conventional monetary policy response was to _____ the target federal funds rate, while the conventional fiscal policy response was to _____ taxes and to _____ government spending.
A) increase; increase; increase
B) decrease; decrease; decrease
C) increase; increase; decrease
D) decrease; decrease; increase
Correct Answer:
Verified
Correct Answer:
Verified
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