The USFiscal Policy Implemented in 2008 Was an Attempt to

question 127

Multiple Choice

The U.S.fiscal policy implemented in 2008 was an attempt to

• A) give billions of dollars to businesses and low- and middle-income Americans in order stimulate business investment and consumption expenditure, thereby increasing AD.
• B) give billions of dollars to businesses and low- and middle-income Americans in order stimulate business investment and consumption expenditure, thereby increasing SAS.
• C) decrease interest rates in order to stimulate business investment and consumption expenditure, thereby increasing AD.
• D) decrease the exchange rate in order to boost net exports, thereby increasing AD.

---

Definitions:

War

A state of armed conflict between different countries or different groups within a country.

Terrorism

The unlawful use of violence and intimidation, especially against civilians, in pursuit of political aims.

Adapt

To adjust or change one's behavior or thinking in response to new or altered circumstances.

Process

A series of actions or steps undertaken to achieve a particular end.