The government during the financial crisis

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Economics

Which of the following policy combinations were used by the government during the financial crisis of 2007-2009 in the U.S.?

  • A combination of both fiscal and monetary policies were used.
  • The eligibility period for unemployment insurance was shortened.
  • Income tax rates were increased and payroll taxes were reduced.
  • Payroll tax rates were increased and government spending was reduced.

Reference no: EM131032984

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