Which of the Following Is Not a Reason Why After

question 131

Multiple Choice

Which of the following is not a reason why after the Great Recession, when the recovery turned out to be very weak, economic policy in the U.S.had to turn forcefully toward fiscal policy?

• A)Monetary policy suffered from cyclical asymmetry.
• B)The banking system fell into a liquidity trap.
• C)Interest rates had already been cut to very low levels.
• D)There was a time lag implementing monetary policy.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, sociability, and a high level of activity.

Neuroticism

A personality trait characterized by a tendency to experience negative emotions such as anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Neuroticism

A personality trait characterized by a tendency towards anxiety, depression, self-doubt, and other negative emotional states.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, and the desire to do a task well.