Question 1
1 pts
An economic recession struck in late 2007, fueled by a
breakdown of the financial institutions that had accumulated
trillions of dollars of bad debt. Which of the following best
describes the Obama administration's response?
In 2009, Obama introduced the American Recovery and
Reinvestment Act, which was comprised of spending and tax cuts
to stimulate the economy and relieve unemployment.
In 2009, Obama invited the Tea Party to recommend innovative
policy solutions.
In 2009, Obama introduced "Obamacare" in response to the
economic recession.
Influenced by the New Right, Obama claimed that the nation's
economic problems were not government's responsibility.