Which of the following is true regarding the \"American Recovery and Reinvestmen

Question

Which of the following is true regarding the "American Recovery and Reinvestment Plan"?

a) The massive 2009 stimulus package was designed to jump-start the recession-bound economy.

b) Critics argued that the massive deficits generated by President Obama's plan would undermine America's financial stability.

c) Critics argued that in order to pay the deficits created by the plan, the government would be forced to raise taxes and cut spending, which would reverse the boost from the stimulus.

d) All of the choices are correct.

Explanation / Answer

a) The massive 2009 stimulus package was designed to jump-start the recession-bound economy.

Its true about "American Recovery and Reinvestment Plan. Its designed in 2009 feb to fight back recession and bring back economy into track.

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.