Both monetary policy and fiscal policy were used in response to the recession of 2007-2009
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following are components of fiscal policy?
a. Transfer payments only b. Money supply and government purchases c. Government purchases only d. Government purchases, transfer payments, and taxes e. Taxes and money supply
Economics
Fiscal policy affects the economy
a. only in the short run. b. only in the long run. c. in both the short and long run. d. in neither the short nor the long run.
Economics