The Macropolicy Solution to the 2001 Recession Was Substantially Easier

question 244

Multiple Choice

The macropolicy solution to the 2001 recession was substantially easier to implement than in 2008 because

• A)in 2001,we had a much more qualified chairman of the Federal Reserve.
• B)in 2008,we had "Obama care" health care program.
• C)in 2001 we had a government surplus and in 2007 we had a large government surplus.
• D)in 2001 we had a smaller number of illegal immigrants in the country.

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