After passage of the American Recovery and Reinvestment Act in 2009 government borrowing _____, and interest rates_____.
A)increased; increased to record levels
B)increased; remained very low
C)decreased; increased
D)decreased; decreased

Question

Quizplus · Accepted Answer

After the passage of the American Recovery and Reinvestment Act in 2009, government borrowing increased, but interest rates remained very low due to the Federal Reserve's policy of keeping rates low to stimulate economic growth.

After Passage of the American Recovery and Reinvestment Act in 2009