The 2009 Fiscal Stimulus Package Did Not Work ________

question 46

Multiple Choice

The 2009 fiscal stimulus package did not work ________.

• A)because rising interest rates nullified increased expenditures
• B)because government spending rose too quickly and too briefly
• C)but it probably prevented the IS curve from shifting further to the left
• D)all of the above
• E)none of the above

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Definitions:

Prizes

Prizes are awards or rewards given for a specific achievement, often used as a form of recognition or incentive in various fields.

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount borrowed per unit of time.

Current Amount

The present value or total of a particular financial metric, often used in contrast with past or future amounts.

Stock Variable

A variable measured at a specific point in time, representing a quantity that exists or is accumulated, such as a country's debt or a company's inventory.