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Loraine Loraine
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8 years ago
Reasons that the recession of 2008-2009 did not become a depression include:
i.   The Fed bailed out troubled financial institutions.
ii.   The government aggressively balanced its budget.
iii.   The government increased its expenditures, which increased aggregate demand.
A) i only
B) ii only
C) iii only
D) i and iii
E) i and ii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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Thanks
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