The 2009 fiscal stimulus bill represented approximately
A) 5.5 percent of GDP and was designed to close the expansionary gap.
B) 5.5 percent of GDP and was designed to close the recessionary gap.
C) 7.8 percent of GDP and was designed to close the expansionary gap.
D) 7.8 percent of GDP and was designed to close the recessionary gap.
Correct Answer:
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