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As a response to the 2008 recession, expansionary policy has led to:

This question was answered on Jul 19, 2016. View the Answer

As a response to the 2008 recession, expansionary policy has led to:


Top Answer

The recession began after the 2007/08global credit crunchand led to a prolonged... View the full answer

3 comments
  • A. higher inflation rates than expected. B. higher unemployment than desired. C. the target level of unemployment. D. output much higher than expected.
    • imaleem4
    • Jul 19, 2016 at 9:50pm
  • Would it be Option B then
    • imaleem4
    • Jul 19, 2016 at 9:51pm
  • yes, option B is the correct answer
    • faithscheer45
    • Jul 19, 2016 at 10:14pm

Other Answers

recover the... View the full answer

6 comments
  • OR, As a response to the 2008 recession, expansionary policy has led to rapid economic growth
    • sahdafsuvo7
    • Jul 19, 2016 at 9:47pm
  • A. higher inflation rates than expected. B. higher unemployment than desired. C. the target level of unemployment. D. output much higher than expected.
    • imaleem4
    • Jul 19, 2016 at 9:47pm
  • Those are my options
    • imaleem4
    • Jul 19, 2016 at 9:48pm
  • Answer will obviously (D. output much higher than expected..)
    • sahdafsuvo7
    • Jul 19, 2016 at 9:50pm
  • because in that time producer will get enough fund to continue their production
    • sahdafsuvo7
    • Jul 19, 2016 at 9:51pm
  • Thanks but it was B
    • imaleem4
    • Jul 19, 2016 at 9:55pm

This question was asked on Jul 19, 2016 and answered on Jul 19, 2016 for the course ECON 301 at Marist.

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