Author Question: Which of the following policy combinations were used by the government during the financial crisis ... (Read 63 times)

faduma · **on:** Jun 30, 2018

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

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

Question 2

The aspects of the society's rule that concern economic transactions are referred to as:

A) economic principles. B) economic institutions.
C) financial regulations. D) economic ideals.