In early 2008, the president and Congress passed an economic stimulus package me
ID: 1178964 • Letter: I
Question
In early 2008, the president and Congress passed an economic stimulus package meant to put money in the hands of consumers, in order to give the economy a "boost" out of a possible recession. When the government gives money to consumers, in hopes that they will spend it to create economic growth, what are they trying to accomplish?
A) That the supply curve for all goods shifts left
B) That the supply curve for all goods shifts right
C) That the demand curve for all goods shifts left
D) That the demand curve for all goods shifts right
Explanation / Answer
D) That the demand curve for all goods shifts right