The American Recovery and Reinvestment Act (ARRA) was approved by President Barack Obama in 2009, and consisted on a stimulus package released with the aim of preventing the destruction of jobs, fostering the creation of new ones, and boosting the aggregate demand as a mechanism for economic recovery. Therefore, recovery from the recession of 2007-2009 was sought through the Keynesian way.
One negative effect of the spending schedule imposed by the ARRA, was that a great part of the money had to be borrowed. National debt was increased and this led to a deficit situation.
Disequilibrium occurs when supply and demand are out of balance. However, this sometimes never happens to markets or it happens only rarely and momentarily. On the other hand, economists sometimes state that markets are always disequilibrium and that this is just how the market goes, as markets are excess in disequilibrium over extended periods of time.
The correct answer is a. crop prices went down.
Simple as that. When the prices fell down, people could produce more for the same amount of money as earlier, which led to a boom.
<span>adopting the gold standard opened the country to foreign investment</span>
Correct answer choice is :
<h2>D) lynching of and discrimination against African Americans.</h2><h2 /><h2>Explanation:</h2><h2 />
Ida Bell Wells, better identified as Ida B. Wells, was an African-American journalist, abolitionist, and feminist who started an anti-lynching movement in the United States in the 1890s. She went on to found and become integral in groups striving for African-American justice.
