The American Recovery and Reinvestment Act was financed by _____
A) decreasing the federal budget surplus spending by decreasing interest on borrowings.
B) increasing the federal budget deficit spending by increasing borrowings.
C) increasing aggregate supply.
D) Increasing aggregate demand.
E) Increasing potential GDP.

Question

Quizplus · Accepted Answer

The American Recovery and Reinvestment Act was financed by increasing the federal budget deficit spending by increasing borrowings. This allowed for more money to be injected into the economy to stimulate economic growth and create jobs.

The American Recovery and Reinvestment Act Was Financed by _____