Of the $840 billion American Recovery and Reinvestment Act stimulus package which was enacted in 2009, approximately one-third took the form of ________ and two-thirds took the form of increases in ________
A) discretionary government spending; transfer payments
B) tax rebates; tax cuts
C) treasury bond purchases; the money supply
D) tax cuts; government expenditures
Answer: D
You might also like to view...
Why is it likely that a market economy will perform better than a command economy?
What will be an ideal response?
In a perfectly competitive market,
a. no firm can earn an economic profit b. it is possible for each firm to earn an economic profit in the short run c. firms determine the market price and consumers determine the market quantity d. consumers determine the market price, and firms decide how much to produce at that price e. the market demand curve is a horizontal line at the market price
Which of the following would not lead to more conservation?
A. Higher prices for a resource B. Increased interest rates on bonds C. Public awareness of increasing scarcity D. Higher taxes on goods produced using the resource
Capital income includes:
A. capital gains from stock sales. B. profits, rent, and interest. C. wages and salaries. D. earnings of the self-employed.