The U.S. Congress passed a stimulus bill in February 2009 to help remove the economy from a recessionary gap. This is an example of the use of

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31-07-2020
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The U.S. Congress passed a stimulus bill in February 2009 to help remove the economy from a recessionary gap. This is an example of the use of

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topeadeniran2 topeadeniran2 · Answer 1 · 2020-08-03T02:49:40+02:00

Answer: expansionary fiscal policy

Explanation:

Expansionary fiscal policy is used to

boost the aggregate demand, and this will lead to increase in output and also employment.

Expansionary fiscal policy methods include, transfer payments, reduction in taxes, rebates, increase in government spending.

The U.S. Congress passed a stimulus bill in February 2009 to help remove the economy from a recessionary gap. This is an example of the use of expansionary fiscal policy.