a negative effect of the american recovery and reinvestment act was that the federal deficit grew. many more…
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.
Answer
Brief Explanations:
The American Recovery and Reinvestment Act involved significant government spending. This increased government borrowing, leading to a growth in the federal deficit. Businesses did not fail in large - numbers due to this act, state governments received funding, and the goal was to boost GDP, not drop it.
Answer:
the federal deficit grew.