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2009 Economic Stimulus Plan

The American Recovery and Reinvestment Act of 2009 is an economic stimulus package enacted in February 2009 and intended to provide a stimulus to the US economy in the wake of the economic downturn.

621 Questions

Demography is a key to business?

Demography is most certainly a key to a successful business. If you were to open a hair salon in a community, would you not first want to do your due diligence in ensuring that there are people in the area who would be interested in paying for that particular service. Most businesses that fail, fail not because they did not offer the right service, but because they did not offer that service in the right place.

You must first identify the market you are apealing to, and than locate that market to tap into it.

Why do you study taxation?

As a manager we study tatation to reduce the tax that your organization will pay.

What is seasonal farming?

seasonal farming is a time period when a certain type of plant is best grown in.

Can you sell shares in Companies West Group Inc?

CompaniesWestGroup.Inc are under investigation from the FBI I have been informed today (7/Jan/2011) by a FBI agent in Ardmore OKLAHOMA. They state that the address on the website is a vacant office suite and the phonelines are none active. The FBI are interested in info that you can provide. I called them today. Don't be shy on reporting. on Ardmore US 001 580 223 2018.

What are the meaning of economic planning and its features and the objectives?

Economic planning is a term used to describe the longterm goals of a government to develop the economy.

Does a car with salvage title qualify for CARS?

The salvage title has to do with obtaining a loan on the car. However, I would disclose it.

What activities does activity based management encompass?

ABM strategically incorporates activity analysis, activity-based costing (ABC), activity-based budgeting, life cycle and target costing, process value analysis, and value-chain analysis.

How does large business impact small business?

Large businesses can be role models or challenges to small businesses wanting to build the next big thing out there. Large businesses set the milestone for innovation.

What is Australias economy like?

Australia's economy is big and they smell werid. they have a lot of cool animals but they smell soooo bad

Will you get your stimulus check if you are paying on old federal taxes?

No. It will be held by the IRS and applied to your tax bill. So you won't get a check in the mail or deposited into your account, but you will get a credit towards your back taxes. The same is true if the IRS is currently keeping your refund through the Treasury Offset Program for student loans, child support, etc.

Can stimulus checks be returned?

If you really, really don't want your stimulus check, then the easiest thing to do is to just tear it up and throw it away. You'll save on postage and possible confusion and the government will get to keep your money either way.

If you had your check direct deposited or have already cashed it, then just make check payable to the Bureau of the Public Debt, and in the memo section, notate that it is a Gift to reduce the Debt Held by the Public. Mail your check to:

Attn Dept G

Bureau of the Public Debt

P. O. Box 2188

Parkersburg, WV 26106-2188

But before you do that, consider there are many worthy charities that desperately need your help. There are groups that help hungry children here and abroad, help homeless and abused animals, research cures for horrible diseases, advocate for political prisoners, sponsor cultural and arts events, find jobs for the disabled, and so on. Surely there is a group or cause that matches your interests and that could use your help.

What if you are not on social security when will you get your stimulus check?

the ppl. who realy need this are the same ppl. that got it last year. its very hard to make every thing work. most of us that nned it , you are now saying we are not get it the gov. pay $500.00 for a hammer .go to walmart they are $5.00. please send the ppl. that need this money some instead of paying $500.00 on a hammer jean

How does a high gross domestic product GDP affect health care?

Quality health care is expensive, and nations with higher GDP can afford better care.

The purchasing power of rupee strengthened against dollar in recent past because?

the purchasing power of rupee strengthened because of weak economic conditions in USA.

Role of rbi in Indian economy?

Role of RBI in Indian economy

  1. Issuer of currency -

    Except for issuing one rupee notes and coins, RBI is the sole authority for the issue of currency in India. The Indian government issues one rupee notes and coins. Major currency is in the form of RBI notes, such as notes in the denominations of two, five, ten, twenty, fifty, one hundred, five hundred, and one thousand. Earlier, notes of higher denominations were also issued. But, these notes were demonetized to discourage users from indulging in black-market operations.

    RBI has two departments - the Issue department and Banking department. The issue department is dedicated to issuing currency. All the currency issued is the monetary liability of RBI that is backed by assets of equal value held by this department. Assets consist of gold, coin, bullion, foreign securities, rupee coins, and the government�s rupee securities. The department acquires these assets whenever required by issuing currency. The conditions governing the composition of these assets determine the nature of the currency standard that prevails in India.

    The Banking department of RBI looks after the banking operations. It takes care of the currency in circulation and its withdrawal from circulation. Issuing new currency is known as expansion of currency and withdrawal of currency is known as contraction of currency.

  2. Banker to the Government -

    RBI acts as banker, both to the central government and state governments. It manages all the banking transactions of the government involving the receipt and payment of money. In addition, RBI remits exchange and performs other banking operations.

    RBI provides short-term credit to the central government. Such credit helps the government to meet any shortfalls in its receipts over its disbursements. RBI also provides short term credit to state governments as advances.

    RBI also manages all new issues of government loans, servicing the government debt outstanding, and nurturing the market for government�s securities. RBI advises the government on banking and financial subjects, international finance, financing of five-year plans, mobilizing resources, and banking legislation.

  3. Managing Government Securities -

    Various financial institutions such as commercial banks are required by law to invest specified minimum proportions of their total assets/liabilities in government securities. RBI administers these investments of institutions.

    The other responsibilities of RBI regarding these securities are to ensure -

    • Smooth functioning of the market
    • Readily available to potential buyers
    • Easily available in large numbers
    • Undisturbed maturity-structure of interest rates because of excess or deficit supply
    • Not subject to quick and huge fluctuations
    • Reasonable liquidity of investments
    • Good reception of the new issues of government loans
  4. Banker to Other Banks -

    The role of RBI as a banker to other banks is as follows:

    • Holds some of the cash reserves of banks
    • Lends funds for short period
    • Provides centralized clearing and quick remittance facilities

    RBI has the authority to statutorily ensure that the scheduled commercial banks deposit a stipulated ratio of their total net liabilities. This ratio is known as cash reserve ratio [CRR]. However, banks can use these deposits to meet their temporary requirements for interbank clearing as the maintenance of CRR is calculated based on the average balance over a period.

  5. Controller of Money Supply and Credit -

    In a planned economy, the central bank plays an important role in controlling the paper currency system and inflationary tendency. RBI has to regulate the claims of competing banks on money supply and credit. RBI also needs to meet the credit requirements of the rest of the banking system.

    RBI needs to ensure promotion of maximum output, and maintain price stability and a high rate of economic growth. To perform these functions effectively, RBI uses several control instruments such as -

    • Open Market Operations
    • Changes in statutory reserve requirements for banks
    • Lending policies towards banks
    • Control over interest rate structure
    • Statutory liquidity ration of banks
  6. Exchange Manager and Controller -

    RBI manages exchange control, and represents India as a member of the international Monetary Fund [IMF]. Exchange control was first imposed on India in September 1939 when World War II started and continues till date. Exchange control was imposed on both receipts and payments of foreign exchange.

    According to foreign exchange regulations, all foreign exchange receipts, whether on account of export earnings, investment earnings, or capital receipts, whether of private or government accounts, must be sold to RBI either directly or through authorized dealers. Most commercial banks are authorized dealers of RBI.

  7. Publisher of Monetary Data and Other Data -

    RBI maintains and provides all essential banking and other economic data, formulating and critically evaluating the economic policies in India. In order to perform this function, RBI collects, collates and publishes data regularly. Users can avail this data in the weekly statements, the RBI monthly bulletin, annual report on currency and finance, and other periodic publications.

  8. Promotional Role of RBI -

    Promotion of commercial banking

    Promotion of cooperative banking

    Promotion of industrial finance

    Promotion of export finance

    Promotion of credit to weaker sections

    Promotion of credit guarantees

    Promotion of differential rate of interest scheme

    Promotion of credit to priority sections including rural & agricultural sector.....

Will you receive a stimulus check if you are 18 and getting social security?

In short, yes.

The one-time payment of $250 will be only for recipients of '''Supplemental Security Income (SSI), Social Security benefits, Veterans benefits or Railroad Retirement benefits and will be separate from the normal monthly payment. (Separate direct deposit or separate check.)

For additional details including eligibility requirements, see the following site:

http://tinyurl.com/pdep2p

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