Of the $840 billion American Recovery and Reinvestment Act stimulus package which was enacted in 2009,approximately ________ took the form of tax cuts and ________ took the form of increases in government expenditures.
A) one-half; one-half
B) three-fourths; one-fourth
C) one-tenth; nine-tenths
D) one-third; two-thirds
Correct Answer:
Verified
Q194: Crowding out will be greater
A)the less sensitive
Q195: Poorly timed discretionary policy can do more
Q196: It is _ difficult to effectively time
Q197: Following a decrease in government spending,as the
Q198: Crowding out,following an increase in government spending,results
Q200: In early 2008,the housing crisis and rising
Q201: Historically,the largest U.S.federal budget deficits as a
Q202: An increase in government spending lowers interest
Q203: Long lags associated with the legislative process
Q204: To evaluate the size of the federal
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