The "Buy American" Provision in the 2009 Stimulus Package Required

question 139

Multiple Choice

The "Buy American" provision in the 2009 stimulus package required that stimulus money be spent only on U.S.-made goods,effectively acting as a quota of zero imports when stimulus money was being spent.For the U.S.steel industry,a "Buy American" provision would create gains for all of the following except

• A)U.S.steel companies.
• B)U.S.taxpayers.
• C)U.S.steel workers.
• D)All of the above would gain from the provision.

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Definitions:

Profit-sharing Plans

Compensation schemes where employees receive additional benefits based on the company's profits, designed to align employees' interests with the financial success of the organization.

Shares

Ownership units in a company that represent a portion of the equity and entitle the holder to a share of the corporation's profits, often through dividends.

Bonus Pay Plan

A compensation strategy where employees receive additional pay based on performance, often aimed at incentivizing higher productivity.

Incentive Compensation

Incentive compensation is a form of payment designed to motivate and reward employees' performance, often tied to achieving specific goals or benchmarks.