The 2009 American Recovery and Reinvestment Act was an example of:
A) an automatic stabilizer.
B) a contractionary government policy.
C) a contractionary monetary policy.
D) an expansionary fiscal policy.
Correct Answer:
Verified
Q365: Holding everything else constant, the government's budget
Q366: When the government decides to increase taxes
Q367: Holding everything else constant, the multiplier effect
Q368: Automatic stabilizers act like:
A)automatic expansionary fiscal policy
Q369: The public ratio of debt to GDP
Q371: Public debt is:
A)the total debt owed by
Q372: A government encounters a recessionary gap and
Q373: _ occur(s) when government spending results in
Q374: Economists generally believe that during an expansion,
Q375: The multiplier effect of government purchases of
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