Since the U.S. economy expanded rapidly from 1992 to 2000, it must be true that

A. fiscal contraction overwhelmed monetary expansion.
B. monetary expansion overwhelmed fiscal contraction.
C. monetary expansion exactly offset fiscal contraction.
D. monetary contraction overwhelmed fiscal expansion.

Answer: B

Economics

You might also like to view...

What three factors that were critical to economic prosperity did Adam Smith observe, and later publish in The Wealth of Nations?

What will be an ideal response?

Economics

Consumption spending comprises what percentage of total spending?

A) 0.7 percent B) 7 percent C) 70 percent D) 700 percent

Economics