Which of the following policy combinations were used by the government during the financial crisis of 2007-2009 in the U.S.?
A) Income tax rates were increased and payroll taxes were reduced.
B) Payroll tax rates were increased and government spending was reduced.
C) A combination of both fiscal and monetary policies were used.
D) The eligibility period for unemployment insurance was shortened.
C
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Given below are the current account transactions of an economy in a year
a. exported goods and services worth $120 billion b. imported goods worth $200 billion c. revenue earned from manufacturing plants situated abroad equals $80 billion d. dividend paid to foreign investors equals $10 billion e. donations and disaster relief funds given to a foreign country equal $10 billion f. received "gifts" worth $5 billion from foreign donors towards poverty alleviation i) Calculate the economy's trade balance. ii) What will be the balance in the economy's current account?
The threat of a corporate takeover is an ________ incentive that helps to mitigate the ________ principal-agent problem.
A. internal; manager-consumer B. external; owner-consumer C. external; owner-manager D. internal; manager-worker