70. Proponents of an additional stimulus in the United States in the aftermath of the financial crisis
Question:
70. Proponents of an additional stimulus in the United States in the aftermath of the financial crisis of 2008 might argue that:
high unemployment after 2009, despite the stimulus in that year, was a sign that the size of the original stimulus was not large enough.
The economy is self-correcting and increased government policy would increase unemployment.
an additional stimulus was necessary, but must only be undertaken by the Fed.
an additional stimulus would have helped the economy, but should only have only been undertaken when interest rates drop lower than they were during the crisis and its aftermath.
Management
ISBN: 9780730329534
6th Asia Pacific Edition
Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen