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Which statement best describes an effect of the American Recovery and Reinvestment Act (ARRA)?

A. ARRA hurt the U.S. economy and caused it to go into a recession.
B. ARRA was poorly received because it didn't do enough to help fund the auto industry.
C. ARRA funded businesses and projects that provided jobs for many Americans.
D. ARRA cut funding for unemployment and other programs that were designed to help people.

Sagot :

Final answer:

The ARRA aimed to fund projects and businesses to create jobs for Americans during the Great Recession.


Explanation:

The American Recovery and Reinvestment Act (ARRA) funded businesses and projects that provided jobs for many Americans. It was passed in response to the Great Recession with the primary goal of creating jobs. The act also aimed to provide temporary relief programs for those most impacted by the recession and invest in various sectors like infrastructure, education, health, and renewable energy.


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