The American Recovery and Reinvestment Act (ARRA) :
A) was an economic stimulus program in 2009 calling for additional government spending and tax cuts.
B) an act signed by Barack Obama in early 2009 that was designed to counteract a deepening recession.
C) an application of discretionary fiscal policy.
D) all of the above.
Correct Answer:
Verified
Q79: Automatic stabilization:
A) increases economic activity during recessions
Q80: The change in government payments for unemployment
Q81: The most likely effect of a law
Q82: Automatic stabilizers can be expected to:
A) correct
Q83: The term economic stimulus was first applied
Q85: Each of the following is true EXCEPT:
A)
Q86: A surplus budget occurs when government expenditures
Q87: A deficit budget occurs when government revenues
Q88: When a government's total expenditures equal its
Q89: If a negative dollar amount results when
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