Solved

In Response to the Economic Crisis in 2008, President Merkel

Question 267

Multiple Choice

In response to the economic crisis in 2008, President Merkel "highlighted in her speech what the Ge government has already done: a financial sector rescue package worth up to €500 billion, and a prop stimulus package of tax breaks and spending measures aimed at triggering investments of up to €50 over the next two years."
HYPERLINK "http://www.iht.com/" www.iht.com, 11/26/20
Which of the following statements describes Germany's policies?


A) Germany's AD will shift rightward.
B) The government has enacted discretionary fiscal policy.
C) The impact lag will weaken the immediate effect the measures will have on real GDP.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents