During the fall of 2007, the United States economy began a descent into deep recession. As a result, the federal government and the Federal Reserve took action to stimulate economic growth. Which of the following would have been an appropriate fiscal policy? (There could be more than one answer) A. the Federal Reserve increasing the money supply to reduce the interest rateB. the federal government providing tax refunds to all taxpayersC. the federal government increasing its regulation of banksD. the federal government spending more money to build more infrastructureE. the federal government beginning to close failing banks
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