During the financial crisis of 2007-2009, both fiscal and monetary policy turned more expansionary.

Question

Quizplus · Accepted Answer

In response to the financial crisis, governments and central banks around the world implemented expansionary fiscal and monetary policies in order to stimulate economic growth and prevent further damage to the financial system. This included measures such as increased government spending, tax cuts, and low interest rates.

During the Financial Crisis of 2007-2009, Both Fiscal and Monetary