Question

Based on what you have read, choose each response below that correctly describes what took place after the passage of the American Recovery and Reinvestment Act (ARRA).

Answer 1

- The gross domestic product grew

- Unemployment continued to grow

- The federal deficit continued to rise

(2, 4, 5)

Answer 2

Answer:

• The gross domestic product grew
• Unemployment continued to grow
• The federal deficit continued to rise

Explanation:

The American Recovery and Reinvestment Act of 2009 was a monetary upgrade marked by President Obama on February 17, 2009. It finished the Great Recession in July 2009.  

Congress passed the bill dependent on President Obama's arrangement to put $787 billion into the pockets of American families and private ventures. That would help request and impart certainty. It was an essential follow-up to President Bush's arrangement, the Troubled Asset Recovery Program. Covering finished the 2008 money related emergency by ransoming huge banks.