The Nonpartisan Congressional Budget Office Estimated That the American Recovery

question 49

Multiple Choice

The nonpartisan Congressional Budget Office estimated that the American Recovery and Reinvestment Act of 2009

• A)increased the number of full-time jobs by about 3.6 million.
• B)increased the number of full-time jobs by about 500,000.
• C)had no effect on the overall number of full-time jobs in the United States.
• D)decreased the number of full-time jobs by about 500,000.

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Definitions:

Annual Dividends

The total amount of dividend payments made to shareholders over a year.

Market Value

Market value is the current price at which an asset or service can be bought or sold in an open market.

Retained Earnings

The portion of net income left over for a business after it has paid out dividends to its shareholders, often reinvested into the business.

Cumulative Net Income

The total profit of a company after all expenses and taxes have been deducted, accumulated over a period of time.