In response to the financial crisis of 2007-2008, policymakers used
a. expansionary monetary policy and expansionary fiscal policy.
b. expansionary monetary policy and contractionary fiscal policy.
c. contractionary monetary policy and expansionary fiscal policy.
d. contractionary monetary policy and contractionary fiscal policy.
a
You might also like to view...
Which of the following is one of the most widely followed stock indexes in the United States?
A) the Fortune 500 B) the Securities and Exchange Commission C) the Dow Jones Industrial Average D) the Chicago Mercantile Exchange
Which of the following is a characteristic of the perfectly competitive market structure?
a. advertising b. product differentiation c. perfect substitutes d. patents e. mutual interdependence
Under private enterprise, production is guided by _____________________________.
Fill in the blank(s) with the appropriate word(s).
If monetary policy is used to set the market equilibrium value of the exchange rate equal to the official value, it is no longer available to:
A. stabilize the domestic economy. B. decrease the market equilibrium value of an overvalued currency. C. increase the market equilibrium value of an overloaded currency. D. stabilize the market equilibrium value of the exchange rate.