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The American Recovery and Reinvestment Act of 2009

Question 197

Multiple Choice

The American Recovery and Reinvestment Act of 2009


A) created a $700 billion rescue package for financial institutions.
B) cut taxes by $152 billion, distributed primarily as rebate checks to taxpayers.
C) implemented a $787 billion package of tax cuts and government expenditure increases.
D) substantially lowered interest rates in an attempt to stimulate investment spending.

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