Monetary policy to avert the Great Recession of 2008 -2009 was initiated in ________ and the government stimulus package was passed in __________.

Question

Quizplus · Accepted Answer

Monetary policy measures were initiated by the Federal Reserve in 2008 in response to the increasing economic crisis, and the government stimulus package was passed later in 2009 after President Barack Obama took office. Therefore, the best choice for the answer is C.

Monetary Policy to Avert the Great Recession of 2008 -2009