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In the Face of the 2007-2009 Recession, the President, Congress

Question 123

Multiple Choice

In the face of the 2007-2009 recession, the President, Congress, and the Fed


A) decided to rely on the self-correcting mechanism of the economy to eliminate inflation.
B) decided to rely on the self-correcting mechanism of the economy to reduce unemployment.
C) pursued an active policy to balance the budget and fight inflation.
D) pursued an active policy to expand aggregate demand.

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