[Online Document Assignment:]
EIA Activity: What Was in the Recovery Act?
Click on the links on the right to answer the following questions.
Use Link 1 to answer the following questions. True or False: The Recovery and Reinvestment Act of 2009 included $119 billion in tax cuts.
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According to the White House Annual Report, which of the following states received the most money from the American Recovery and Reinvestment Act of 2009?
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True or False: The stimulus program included $54.3 billion in aid to state Medicaid programs.
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True or False: The stimulus program offered aid to state unemployment insurance programs.
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True or False: States that accepted the aid for state unemployment insurance programs did not have to make permanent changes to expand unemployment insurance benefits.
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B. |
Assume you had been unemployed for at least six months or longer, and the U.S. economy is in recession. If you received a stimulus check in the mail from the federal government in the amount of $800, would you go out and spend the money on goods and services, or would you save the money, or perhaps use it to pay off debt? Discuss in detail how you would use the stimulus money.
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