Each of the Following Is True EXCEPT

Each of the following is true EXCEPT:

A) an economic stimulus program to deliberately keep the economy from sliding into a deeper recession was put in place in 2008.
B) the American Recovery and Reinvestment Act was an attempt to curb government spending, lower taxes, and redirect funds toward investments.
C) during 2008 some large financial institutions failed causing concern during an economic downturn in the United States.
D) the federal government used discretionary fiscal policies during 2008 and 2009 to counteract a recession.