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:
Verified
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