Which of the following contributed to the weak recovery from the 2008-2009 recession?
A)Government stimulus spending that was largely temporary and often directed toward unproductive activities.
B)The restrictive monetary policy followed by the Fed.
C)The tax increases instituted by a Congress intent on balancing the budget.
D)The failure of the Fed to provide the banking system with sufficient reserves for the extension of new loans.

Question

Quizplus · Accepted Answer

Government stimulus spending was often temporary and not always directed towards activities that would lead to long-term economic growth, contributing to a weaker recovery.

Which of the Following Contributed to the Weak Recovery from the 2008-2009