Which of the Following About Fiscal Policy Is True

Which of the following about fiscal policy is true?

A) The expansionary fiscal policy of the 1980s stimulated aggregate demand and led to high rates of inflation during the latter half of the decade.
B) The restrictive fiscal policy of the 1990s led to sluggish economic growth during the decade.
C) Even though fiscal policy was highly expansionary during the 1980s, the inflation rate fell and remained at relatively low levels.
D) Even though fiscal policy was restrictive during the 1990s, the real growth rate of the economy was strong.
E) Both c and d are true.