The stimulus plan adopted in 2009 by newly-elected President Obama consisted of
A) only tax cuts.
B) only spending increases on newly-created federal programs.
C) only attempts to shore up Medicaid, welfare and unemployment programs.
D) roughly equal tax cuts and spending increases, with additional spending to shore up existing federal programs.
Correct Answer:
Verified
Q24: The elements of the stimulus package adopted
Q25: The elements of the stimulus package adopted
Q26: Non-discretionary fiscal policy initiatives adopted in 2009
Q27: Discretionary fiscal policies that increase aggregate demand
Q28: A factor that might have contributed to
Q30: The elements of the stimulus package adopted
Q31: A factor that might have contributed to
Q32: The main effect on the economy of
Q33: Monetary policy designed to counteract a reduction
Q34: If not corrected, the financial sector crisis
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