Estimates of the Effects of the American Recovery and Reinvestment Act. Support programs for low-income households and infrastructure spending were highly expansionary, while
grants to states for education
do not appear to have created many additional jobs.
What was the result of the American Recovery and Reinvestment Act of 2009?
Each dollar of the Recovery Act increased total economic output cumulatively by more than $1.30 between 2009 and 2013, reflecting ripple effects as the recovery measures passed through to—and helped stabilize—the broader economy.
What was the main effect of the American Recovery and Reinvestment Act?
ARRA ended the 2008 recession and increased employment in the years after. ARRA
mandated government spending, tax cuts, and loan guarantees to jumpstart the ailing economy
.
What was a primary goal of the American Recovery and Reinvestment Act?
Funding for education in the American Recovery and Reinvestment Act (ARRA) has two primary objectives: 1)
to help stimulate national economic recovery by providing jobs and building infrastructure in the state and local educational systems
, and 2) to improve educational outcomes for children, particularly those most in …
What was the purpose of the American Recovery and Reinvestment Act quizlet?
The purpose of the American Recovery and Reinvestment Act was
to create government jobs and to spend with the hopes of “jump-starting” the economy
. The result was that economic recovery was slow and many Americans were left unemployed and receiving government assistance. You just studied 5 terms!
How much was the Recovery Act?
The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019.
What was the intended purpose of the American Recovery and Reinvestment Act of 2009 quizlet?
Terms in this set (24)
the stimulus bill was intended
to create jobs and promote investment and consumer spending to help recover from recession
.
What did the Recovery Act do?
The American Recovery and Reinvestment Act of 2009 (Recovery Act) – which President Obama signed into law on February 17th, 2009 – was an unprecedented action to stimulate the economy. It included measures to modernize our nation’s energy and communication infrastructure and enhance energy independence.
What are ARRA funds?
The American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law by President Obama on February 17th, 2009. It is an unprecedented effort to jumpstart our economy, create or
save millions of jobs
, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century.
What type of fiscal policy is the American Recovery and Reinvestment Act?
An Example of
Expansionary Fiscal Policy
: the ARRA
In response, the U.S. Congress and the Obama administration passed a series of tax cuts and spending measures collectively known as the American Recovery and Reinvestment Act (ARRA).
What were the financial effects of the September 11th attacks quizlet?
What were the financial effects of the September 11th attacks?
The attacks caused a panic in the stock market, and stock prices fell.
When did ARRA expire?
A1. Understanding that the availability of ARRA funds will change as we proceed until the funds expire – on
September 30, 2015
, the Office of the Chief Financial Officer (OCFO) will pull periodic reports determining deobligated State balances.
What is ARRA in healthcare?
ARRA stands for
the American Recovery and Reinvestment Act of 2009
. Also commonly referred to as the “stimulus plan,” ARRA was signed into law by President Obama on February 17, 2009. The Act plans to invest $59 billion in health care initiatives, including $19 billion in healthcare information technology (HITECH).
What was the purpose of the American Recovery and Reinvestment Act group of answer choices?
The American Recovery and Reinvestment Act (ARRA) was a massive round of
federal spending intended to create new jobs and recover jobs lost in the Great Recession of 2008
. This government spending was to compensate for a slowdown in private investment in that year.
Who is responsible for calming patients fears and concerns?
| Term Definition | Who is responsible for calming patients’ fears and concerns about switching to an electronic medical record system? The entire team at the office | In most cases, does the electronic medical record system require more or less storage space than a paper filing system? Less |
|---|
What was the primary goal of the tea party movement quizlet?
What was the primary goal of the Tea Party Movement?
To reduce the size of the federal government.
