(Last Word) In response to the Great Recession, the federal government engaged in significant deficit-funded spending.What was the result of that spending over the first three years?
A)Neither economic growth nor unemployment responded as well as many economists had predicted.
B)Economic growth responded in accordance with predictions, but unemployment remained much higher than anticipated.
C)Economic growth remained sluggish, but the unemployment rate fell to predicted levels.
D)Both economic growth and the unemployment rate responded well, reaching the fiscal policy targets set by the government.

Question

Quizplus · Accepted Answer

The federal government's deficit-funded spending during the Great Recession did not lead to the expected levels of economic growth or reductions in unemployment, as many economists had predicted.

(Last Word) in Response to the Great Recession, the Federal