Which of the Following Are Accurate Arguments Suggesting That the Fiscal

question 64

Multiple Choice

Which of the following are accurate arguments suggesting that the fiscal stimulus did work?

• A)Real GDP growth moved from negative to positive in 2009.
• B)Employment increased in 2009.
• C)The economy has natural self-correcting mechanisms.
• D)The return on bailout assets reduced the deficit.

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Definitions:

Mnemonic Devices

Techniques used to help remember information, often through associations, patterns, or acronyms, facilitating easier retrieval from memory.

Algorithms

Step-by-step procedures or formulas for solving problems or completing tasks.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making and problem-solving.

Logarithms

The mathematical operation that determines the power to which a base number is raised to obtain a certain value.