The Predictions That the Obama Administration Used to Justify the Stimulus

question 39

Multiple Choice

The predictions that the Obama administration used to justify the stimulus plan have been shown to be (according to most economists)

• A)wrong; the plan worked much better than their predictions suggested it would.
• B)wrong; the plan did not work as well as their predictions suggested it would, but did have some positive impact.
• C)wrong; the plan had no positive impact and has been credited with extending the recession of 2007-2009.
• D)right on the mark.

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Definitions:

Resource Acquisition

The process of obtaining the necessary resources, such as capital, materials, or human skills, needed for business operations or project initiation.

Bootstrapping

refers to starting and growing a business using one's own resources and revenue generated from the business, rather than relying on outside investment.

Accelerated Vesting

A provision that allows an employee to gain access to restricted company assets, like stock options, more quickly than the original schedule.

Traditional Ventures

Businesses that follow conventional and historic models of operation and management.