Consider the following graph. Why did government spending rise during the 2007 to 2009 period?

Question

Quizplus · Accepted Answer

Government spending in the US rose during the 2007 to 2009 period due to the use of expansionary fiscal policy and increased social insurance payments during the Great Recession. The government implemented stimulus measures, such as increased spending on infrastructure projects, aid to state and local governments, and social insurance programs like unemployment benefits, to boost the economy and provide support to those affected by the recession.

Consider the Following Graph