Which of the following is true about the recession of the early 1990s?
A)The recession was triggered by Iraq's invasion of Kuwait
B)Because of large federal deficits, policy makers were reluctant to adopt discretionary fiscal policy to revive the economy
C)President George H. W. Bush advocated a passive approach
D)Presidential candidate Bill Clinton advocated an active approach
E)All of the answers are correct

Question

Quizplus · Accepted Answer

The recession was influenced by multiple factors, including Iraq's invasion of Kuwait, large federal deficits, and differing approaches by political figures like George H. W. Bush and Bill Clinton.

Which of the Following Is True About the Recession of the Early