How did the impact of President Obama's fiscal stimulus in 2009 compare to the impact of President Bush's tax cuts and increased defense spending on the structural deficit?
A) President Obama's effect on the structural budget deficit was much lower than President Bush's.
B) President Obama's effect on the structural budget deficit was much higher than President Bush's.
C) President Obama and President Bush's impacts on the structural budget deficit were about equal.
D) The impact on the structural budget was not measured—only the cyclical impact of these policies.
Correct Answer:
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