The American Recovery and Reinvestment Act,signed by President Barack Obama in 2009,aimed at:
A)stimulating the aggregate demand in the economy.
B)removing the supply bottlenecks in the economy.
C)closing an expansionary gap through a contractionary fiscal policy.
D)ensuring free trade flows across the world.
E)providing higher unemployment benefits to the residents of the economy.

Question

Quizplus · Accepted Answer

The American Recovery and Reinvestment Act was designed to stimulate the aggregate demand and boost the economy by providing funds for infrastructure projects, tax cuts, and government spending.