In Response  to the Recession of 2008-2009, the Fiscal Policy of the Federal

question 4

Multiple Choice

In response  to the recession of 2008-2009, the fiscal policy of the federal government was

• A) highly expansionary, and this Keynesian stimulus promoted a rapid recovery.
• B) highly expansionary, but this was largely offset by the Fed's restrictive monetary policy
• C) highly restrictive, but this was largely offset by the Fed's highly expansionary monetary policy
• D) highly expansionary, but the unemployment rate nonetheless remained high during 2010 and 2011

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Definitions:

Substance Use Disorder

A medical condition characterized by an uncontrollable use of substances despite the harmful consequences to one's health, social life, and responsibilities.

Intoxication

A cluster of undesirable behavioral or psychological changes, such as slurred speech or mood changes, that may develop during or shortly after the ingestion of a substance.

Substance Use Disorder

A condition that results from the use of one or more substances leading to a clinically significant impairment or distress.

Substance Intoxication

The physiological reaction to ingested substances, including alcohol and drugs, which can impair mental and physical faculties.