Regarding the Fiscal Policy Responses to the 2007-2009 Recession, the Congressional

question 93

Multiple Choice

Regarding the fiscal policy responses to the 2007-2009 recession, the Congressional Budget Office (CBO) found that:

• A) the Bush Administration's fiscal policy worked, but the Obama Administration's did not.
• B) the Obama Administration's fiscal policy worked, but the Bush Administration's did not.
• C) both the Bush Administration's fiscal policy and the Obama Administration's fiscal policy worked.
• D) neither the Bush Administration's fiscal policy nor the Obama Administration's fiscal policy worked.

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Definitions:

Lower-order Needs

Basic human necessities in Maslow's hierarchy of needs, such as physiological and safety needs, which are fundamental for survival and security.

High Need

Refers to a critical requirement or an urgent desire that motivates individuals' behaviors or actions towards its fulfillment.

High Need for Achievement

A personality trait characterized by an individual's relentless drive and effort to reach goals and excel.

Receive Feedback

The process of receiving constructive information or evaluations about one's actions or performance, aimed at improvement and learning.