The stimulus bill passed by the U.S.Congress in February 2009 is an example of expansionary monetary policy.

Question

Quizplus · Accepted Answer

The stimulus bill passed by the U.S. Congress in February 2009 was an example of fiscal policy, not monetary policy. Fiscal policy involves the government's use of taxes and spending to stabilize the economy, while monetary policy involves central bank actions to influence interest rates and the money supply.

The Stimulus Bill Passed by the U