Title: ECO 102 Enthusiastic Study / snaptutorial.com - PowerPoint PPT Presentation

Description: Assignment 2: Fiscal Policy in the United States Due Week 8 and worth 200 points In late 2008, the United Stated entered a severe recession – by some measures, the most severe recession since the 1930s. In response to the recession, Congress passed and the Obama Administration signed into law the American Recovery and Reinvestment Act of 2009. The act’s total cost was $787 billion dollars – $500 billion dollars in increased government spending and $287 billion dollars in decreased taxes. – PowerPoint PPT presentation