The American Recovery and Reinvestment Act of 2009 is a good example of ________ principles.

Question

Quizplus · Accepted Answer

The American Recovery and Reinvestment Act of 2009 was a Keynesian-style policy that aimed to stimulate economic growth through increased government spending and tax cuts. This approach is based on the idea that during a recession, the government should increase spending to make up for the decrease in private sector spending, which will ultimately lead to increased economic activity and help to reduce unemployment. Therefore, the best choice is B.

The American Recovery and Reinvestment Act of 2009 Is a Good