The American Recovery and Reinvestment Act of 2009 was implemented primarily to
A) reduce inﬂationary pressure caused by oil price increases.
B) curb the overspending by households that contributed to the Great Recession.
C) bring the federal budget back into balance.
D) stimulate aggregate demand and employment.

Question

Quizplus · Accepted Answer

The American Recovery and Reinvestment Act of 2009 was implemented primarily to stimulate aggregate demand and employment through various measures, including tax cuts, infrastructure investments, and aid to state and local governments. It was aimed at boosting the economy and lifting it out of the Great Recession.

The American Recovery and Reinvestment Act of 2009 Was Implemented