Fiscal policy under the 2009 American Recovery and Reinvestment Act took the form of:
A) government spending alone.
B) tax cuts alone.
C) a mix of government spending and tax cuts.
D) neither government spending nor tax cuts.

Question

Quizplus · Accepted Answer

The 2009 American Recovery and Reinvestment Act involved a mix of government spending and tax cuts in order to stimulate economic growth and create jobs during the Great Recession. This included investments in areas such as infrastructure, education, and healthcare, as well as tax cuts for individuals and businesses.

Fiscal Policy Under the 2009 American Recovery and Reinvestment Act