In 2010, which of the following was true regarding the extremely large deficits that the U.S.recently encountered?
A)Most politicians and economists argued that the deficit had to be reduced.
B)Most politicians argued that the deficit had to be reduced but economists cautioned against this course of action.
C)Most economists argued that the deficit had to be reduced but politicians cautioned against this course of action.
D)Both politicians and economist cautioned against deficit reduction.

Question

Quizplus · Accepted Answer

In 2010, many politicians were concerned about the large deficits and argued for reduction, but many economists cautioned against immediate deficit reduction due to the fragile economic recovery following the 2008 financial crisis.

In 2010, Which of the Following Was True Regarding the Extremely