based on what you have read, choose each response below that correctly describes what took place after the…

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). check all of the boxes that apply. the federal budget became balanced. the gross domestic product grew. the housing market rebounded completely. unemployment continued to grow. the federal deficit continued to rise.

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). check all of the boxes that apply. the federal budget became balanced. the gross domestic product grew. the housing market rebounded completely. unemployment continued to grow. the federal deficit continued to rise.

Answer

Answer:

  • The gross domestic product grew.
  • The federal deficit continued to rise.

Brief Explanations:

The American Recovery and Reinvestment Act (ARRA) was a stimulus package aimed at boosting the economy. It led to GDP growth as it injected funds into the economy. However, it also increased government spending, contributing to a rise in the federal deficit. The federal budget did not become balanced, the housing market did not rebound completely, and unemployment did not continue to grow as the act was meant to create jobs and stimulate recovery.