During the 2008-2009 period,the conventional monetary policy response was to _____ interest rates,while the conventional fiscal policy response was to _____ taxes and to _____ government spending.

Question

Quizplus · Accepted Answer

During the 2008-2009 period, the Federal Reserve decreased interest rates through conventional monetary policy to stimulate borrowing and spending. Meanwhile, the government implemented conventional fiscal policy by decreasing taxes and increasing government spending to stimulate economic growth.

During the 2008-2009 Period,the Conventional Monetary Policy Response Was to _____