How did China's fiscal stimulus policies compare to those in the United States during the Great Recession?
A) China used a monetary policy stimulus, and the U.S. used a fiscal policy stimulus.
B) China's stimulus was the same percentage of GDP as the U.S. stimulus.
C) China's stimulus was a smaller percentage of GDP than the U.S. stimulus.
D) China's stimulus was a larger percentage of GDP than the U.S. stimulus.

Question

Quizplus · Accepted Answer

China's fiscal stimulus during the Great Recession was a larger percentage of its GDP compared to the stimulus in the United States, focusing on infrastructure and social welfare projects to boost economic growth.

How Did China's Fiscal Stimulus Policies Compare to Those in the United