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Title: When President Obama took office in January 2009, he pledged to pursue an expansionary fiscal policy Post by: Tidy on Jun 22, 2015 When President Obama took office in January 2009, he pledged to pursue an expansionary fiscal policy to try to pull the economy out of the recession. The next month, Congress passed the American Recovery and Reinvestment Act of 2009, a $840 billion package of ________ that was the largest fiscal policy action in U.S. history.
A) spending increases and tax cuts B) interest rate reductions and increases in the money supply C) treasury bond purchases and mortgage-backed securities purchases D) commercial and investment bank bailouts Title: Re: When President Obama took office in January 2009, he pledged to pursue an expansionary fiscal po Post by: Sydnie on Jul 4, 2015 Content hidden
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