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Economists Believe That, Among Other Reasons, the Fiscal Stimulus of 2009

Question 154

Multiple Choice

Economists believe that, among other reasons, the fiscal stimulus of 2009 _____


A) was very effective, because the government spending multiplier was greater than 1.0.
B) was very effective, because the government spending multiplier was less than 1.0.
C) was not very effective, because the government spending multiplier was greater than 1.0.
D) was not very effective, because the government spending multiplier was less than 1.0.
E) had little to do with the growth of the federal debt.

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