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pharmdwannabe pharmdwannabe
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Which of the following policy combinations was used by the government during the financial crisis of 2007-2009 in the United States?

▸ Income tax rates were increased, and payroll taxes were reduced.

▸ A combination of both fiscal and monetary policies was used.

▸ The federal funds rate was decreased, and the quantity of required reserves was increased.

▸ Payroll tax rates were increased, and government spending was reduced.
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Macroeconomics


Edition: 3rd
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madizmmadizm
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A combination of both fiscal and monetary policies was used.

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