The American Recovery and Reinvestment Act is an approximately ________ stimulus package. About ________ takes the form of tax cuts and ________ is from new government spending on ________.
A) $500 billion; $150 billion; $450 billion; bailing out U.S. automakers and purchases of equity from financial institutions
B) $1 billion; $100 million; $900 million; subsidies to U.S. farmers and energy producers
C) $787 billion; $250 billion; $537 billion; infrastructure and aid to state and local governments
D) $100 billion; $50 billion; $50 billion; the space program
E) $1 trillion; $500 billion; $500 billion; unemployment insurance and financing the wars in Iraq and Afghanistan

Question

Quizplus · Accepted Answer

The American Recovery and Reinvestment Act is a $787 billion stimulus package. About $250 billion takes the form of tax cuts and $537 billion is from new government spending on infrastructure and aid to state and local governments.

The American Recovery and Reinvestment Act Is an Approximately ________