The American Recovery and Reinvestment Act, Signed by President Obama

Multiple Choice

The American Recovery and Reinvestment Act, signed by President Obama in 2009, was intended to _____

A) increase tax revenues by increasing the tax rate.
B) balance the budget by increasing defense spending and increasing taxes.
C) stimulate the economy by increasing government spending in order to increase aggregate supply.
D) stimulate the economy by decreasing taxes in order to increase aggregate supply.
E) stimulate aggregate demand through tax benefits and spending programs.