Recall Application 3, "Evaluating the Obama Fiscal Stimulus" to answer the following questions:
-According to the application, President Obama's economic stimulus package in 2009 was the main reason why the economy went back to unemployment rates below 7 percent by 2009.

Question

Quizplus · Accepted Answer

The application states that while the stimulus package helped to mitigate the recession, it was not the main reason why the economy went back to unemployment rates below 7 percent by 2009. Other factors such as the natural business cycle and monetary policies also played a role.

Recall Application 3, "Evaluating the Obama Fiscal Stimulus" to Answer