The Congressional Budget Office estimates of the effects of the 2009 stimulus package indicate that the stimulus package caused real GDP to equal potential GDP in 2011.

Question

Quizplus · Accepted Answer

The Congressional Budget Office estimates do not indicate that the stimulus package caused real GDP to equal potential GDP in 2011. While the stimulus package did have a positive impact on the economy, there is debate about the extent of its effects and whether it brought the economy to full potential.

The Congressional Budget Office Estimates of the Effects of the 2009