Which of the following is true regarding the "American Recovery and Reinvestment Plan"?
A) The massive 2009 stimulus package was designed to jump-start the recession-bound economy.
B) Critics argued that the massive deficits generated by President Obama's plan would undermine America's financial stability.
C) Critics argued that in order to pay the deficits created by the plan,the government would be forced to raise taxes and cut spending,which would reverse the boost from the stimulus.
D) All of the choices are correct.
Correct Answer:
Verified
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A)Deficit
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A)Increase
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A)Reduce the deficit.
B)Balance
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A)Consumers spend less than
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