How does monetary policy provide a possible corrective during economic recessions?
A)It provides more consumer capital by instituting steep reductions in the marginal tax rate.
B)It increases the desirability of American goods on the international markets through a reduction of tariffs.
C)It injects additional money into the economy through a lowering of interest rates to counteract the contracting market.
D)It creates a vast amount of jobs for unemployed workers through deficit spending on public works projects.
Question 2
The president enters the zone of twilight described in the Supreme Court's Youngstown decision when he or she __________.
A)fails to act with the explicit authorization of Congress
B)acts with the explicit authorization of Congress
C)acts without explicit congressional authorization
D)refuses to act without explicit congressional authorization
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The environmental policy changes over time
Economic recession in 2008 saw a small decrease in demand
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