The Stimulus Package of 2009 Is a Good Example of a Countercyclical

question 81

True/False

The stimulus package of 2009 is a good example of a countercyclical fiscal policy, a $789 billion package of government spending increases and tax cuts that aims to help the U.S. economy recover from a deep recession by increasing real GDP and moving the economy closer to potential output.

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Definitions:

Immigration

The action of coming to live permanently in a foreign country.

Conflict Theorist

A sociologist who views social life as a competition, and society's inequalities as the source of conflict and social change.

High Tuition Rates

The increasing cost of attending educational institutions, making access to higher education more difficult for many individuals.

Structural Barriers

refer to obstacles within societal, institutional, or economic systems that impede individuals or groups from accessing opportunities or resources.