During the recession of 2008 - 2009:
A) both after-tax consumption and government expenditures declined.
B) both after-tax consumption and investment expenditures declined.
C) both government expenditures and investment expenditures declined.
D) government expenditures declined but after- tax consumption

Question

Quizplus · Accepted Answer

During the 2008-2009 recession, after-tax consumption and investment expenditures both declined as consumers and businesses reduced spending due to economic uncertainty. However, government expenditures generally increased as part of stimulus efforts to counteract the recession.

During the Recession of 2008 - 2009