The Elements of the Stimulus Package Adopted in 2009 That

question 18

Multiple Choice

The elements of the stimulus package adopted in 2009 that allowed states to continue to make their unemployment compensation payments despite having exhausted their funds should be considered

• A)discretionary fiscal policy.
• B)non-discretionary fiscal policy.
• C)monetary policy.
• D)neither discretionary nor non-discretionary fiscal policy programs.

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Definitions:

High Quality Automotive Repair

The provision of superior services in fixing and maintaining vehicles to ensure optimal performance.

Market Price

The current price at which an asset or service can be bought or sold in a given market.

Marginal Cost Function

A mathematical representation showing how the cost of producing one additional unit of a good changes as the quantity of production varies.

Marginal Benefit

The extra pleasure or benefit gained by a person when they consume one more unit of a specific product or service.