The American Recovery and Reinvestment Act of 2009
A)provided a $787 billion stimulus package to bailout the economy.
B)included spending initiatives and tax cuts..
C)is expected to increase the deficit.
D)All of the above are true.

Question

Quizplus · Accepted Answer

The American Recovery and Reinvestment Act of 2009 provided a stimulus package of $787 billion which included both spending initiatives and tax cuts. However, it is expected to increase the deficit as the government had to borrow money to fund the package. Therefore, all of the above options are true.