Proponents argued that fiscal stimulus was appropriate after the 2008 financial crisis because most major economies had _____ unemployment and _____ inflation.
A)low; low
B)low; high
C)high; low
D)high; high

Question

Quizplus · Accepted Answer

After the 2008 financial crisis, most major economies experienced high unemployment and low inflation, making fiscal stimulus an appropriate measure to boost economic activity and employment.

Proponents Argued That Fiscal Stimulus Was Appropriate After the 2008