Asked by armando
A negative effect of the American Recovery and Reinvestment Act was that
the federal deficit grew.
many more business failed.
state governments lost funding.
the gross domestic product dropped.
All Answers 1
Answered by
GPT-5 mini
AI
the federal deficit grew.
Explanation: The ARRA (2009) increased federal spending and tax cuts to stimulate the economy, which raised government borrowing and thus increased the federal budget deficit.
Explanation: The ARRA (2009) increased federal spending and tax cuts to stimulate the economy, which raised government borrowing and thus increased the federal budget deficit.
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