The Nearly $800 Billion Stimulus Package Passed in the United

question 179

Multiple Choice

The nearly $800 billion stimulus package passed in the United States in 2009 focused more on spending than on taxes partly because

• A) increased spending leads to a larger increase in GDP than does the same reduction in taxes.
• B) increased spending leads to a smaller increase in GDP than does the same reduction in taxes.
• C) the government tax multiplier is more than the government spending multiplier.
• D) the government revenue multiplier is about the same as the government tax multiplier.

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Definitions:

Strawberry Hemangioma

A benign vascular tumor characterized by a red, lumpy area on the skin that is present at birth or develops within a few weeks after.

Port-Wine Stain

A type of birthmark caused by swollen blood vessels which gives a reddish to purplish discoloration of the skin.

Juvenile Melanoma

A rare, benign skin condition in children, also known as Spitz nevus, that resembles melanoma.

Oral Candidiasis

A fungal infection in the mouth caused by the overgrowth of Candida species, often presenting as white lesions on the tongue or inner cheeks.