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Summary of the Article

question 83

Multiple Choice

Summary of the article:
Obamaʹs economic recovery plan not a hit with economists
By Paul Wiseman and Richard Wolf
USA Today
September 8, 2010
In an attempt to boost the struggling economy, President Obama proposed a new $180 billion package of tax
breaks and transportation projects. Obamaʹs proposal includes the following:
-Allowing businesses to deduct from their taxes 100 percent of investments in new equipment through 2011,
giving businesses an additional $200 billion right away and costing the Treasury only $30 billion over the
next ten years due to depreciation write-offs.
-Expanding the business tax credit for research and development and making this credit permanent, at an
estimated cost of $100 billion over ten years.
-Construction spending of $50 billion to build or repair roads, rail lines and airport runways.
Some economists are not convinced that these proposals will create any dramatic improvements in the
economy, claiming that they will not result in the creation of many new jobs and that tax breaks on payroll
taxes may be more effective than credits for research and development. Economists Mark Zandi and Alan
Blinder did say, however, that construction spending on infrastructure eventually generates $1.57 in growth
for every dollar spent, but the benefit to the economy will not be immediate.
-President Obama will need to get Congressional approval to enact his proposed measures to boost the economy. The time involved to formulate and get approval for these policies are called

Assess the long-term effects of media violence on behavior.

Grasp the basic steps and strategies involved in designing and implementing behavior modification programs.

Understand the basic concepts of classical conditioning, including unconditioned stimulus, conditioned stimulus, unconditioned response, and conditioned response.

Identify examples of classical conditioning in everyday situations.

Definitions:

Steep Pillars

Tall, vertical rock formations resulting from the erosion of surrounding softer material, often seen in high-gradient areas.

Tropical

Relating to or characteristic of the tropics, typically hot and humid climate zones between the Tropic of Cancer and the Tropic of Capricorn.

Cave

A natural underground chamber, generally large enough for a person to enter.

Dissolution

The process of a solid substance becoming incorporated into a liquid to form a solution.