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In response to the recession of 2008-2009, the fiscal policy of the federal government was a. highly expansionary, but the unemployment rate nonetheless remained high
In response to the recession of 2008-2009, the fiscal policy of the federal government was a. highly expansionary, but the unemployment rate nonetheless remained high during 2010 and 2011 b. highly expansionary, but this was largely offset by the Fed's restrictive monetary policy c. highly expansionary, and this Keynesian stimulus promoted a rapid recovery. d. highly restrictive, but this was largely offset by the Fed's highly expansionary monetary policy
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