17. In 2008, as the U.S. began to experience the Great Recession, a phenomenon known as occurred, where prices were rising (including the price of milk and bread at the grocery store), even though GDP was declining and the unemployment rate was rising. a. Inflation b. Deflation C. Disinflation d. Stagflation 18. Food and energy prices have increased rapidly during the past decade. For that reason, the government calculates by subtracting these from the total calculation for the consumer price index. core inflation b. disinflation I c. stagflation d. regional inflation a. 19. When Congress passes legislation to raise or lower taxes, this legislative body is enacting a. recessionary policy b. national financial policy C. fiscal policy d. monetary policy 20. During the economic crisis known as the Great Depression, U.S. President Franklin D. Roosevelt adopted His action plans directed government spending and the creation of federal work programs such as the W.P.A. (Works Progress Administration) and the C.C.C. (Civilian Conservation Corps.) which put people to work building roads, bridges, and parks in the U.S. The idea was that government intervention through "spending would jump-start the economy. Marxism economic theory b. Keynesian economic theory Rational Choice economic theory d. Monetarism economic theory a. C