Large federal budget deficits of the 1980s and 1990s _____
A) increased the use of discretionary fiscal policy as a tool for economic stabilization.
B) reduced the use of discretionary fiscal policy as a tool for economic stabilization.
C) increased the use of monetary policy as a tool for economic stabilization.
D) decreased the use of monetary policy as a tool for economic stabilization.
E) had little to do with the growth of the federal debt.
Correct Answer:
Verified
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