Which of the Following Happened in Response to the Great

question 22

Multiple Choice

Which of the following happened in response to the Great Recession of 2007-09?

• A)the U.S. government increased spending and cut taxes
• B)the U.S. government increased spending but did not cut taxes
• C)many European governments cut spending and raised taxes
• D)many European governments increased spending and cut taxes
• E)both A)and C)