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Recall Application 3, "Evaluating the Obama Fiscal Stimulus" to Answer

Question 83

Multiple Choice

Recall Application 3, "Evaluating the Obama Fiscal Stimulus" to answer the following questions:
-According to the application, the Council of Economic Advisers estimated that the economic stimulus package implemented by President Obama:


A) caused the unemployment rate of the U.S. to increase to 10 percent.
B) avoided the loss of 1 million jobs.
C) caused the loss of 1 million jobs.
D) had no effect on the US economy.

Correct Answer:

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