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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

When are wa getting a stimulus check in 2010?

Nothing is available at this time for the year 2010.

The checks that were received in the year 2009 were called Economic Recovery Payment check.

The economic stimulus check was received in the year 2008.

What are the three basic economic problems?

the basic economic problem is the unlimited wants and needs of human which results to scarcity of resources. what are the needs?-the needs are the things we must posses in order to survive like food,water, clothing,shelter. while the wants are those things that human would like to have in order to improve there status in life. we limited resources that'a why encounter this problem. the economic resources like land, labor,and capital which are the factors if production are insufficient to satisfy our needs and wants.

Who gets Bush's economic stimulus plan checks?

the rich should If signed by the presidents I believe individuals can expect at least $600 and families $1,200, that includes $300 per child. The bill will include the less fortunate and veterans who will be able to collect by claiming their social security or veterans' disibility benefits and will more than likely get a check for $300.00. http://biz.yahoo.com/ap/080207/economy_stimulus.html [yahoo finance, explanation] http://taxes.about.com/b/2008/01/25/details-of-bushs-economic-stimulus-and-tax-rebate-plan.htm [more broken down explanation, but not current]

Why is NAFTA good for US?

NAFTA has helped the US in that there is no longer taxes on trade between Canada and Mexico. This has saved millions of dollars for the United States each year.

Demerits of biotechnology?

biotechnology as a moder science has many disadvantages but the most common is distinction of the indigenous species. there is also outbreak of many dangerous diseases

What is a repressive government?

A reppresive government is a government that doesn't respect human rights.

During the severe recession of 2008-09 the US government embarked on an aggressive fiscal policy to try and end the downturn Most of the increase in spending would be financed by borrowing the gove?

The full question:

During the severe recession of 2008-09 the US government embarked on an aggressive fiscal policy to try and end the downturn. Most of the increase in spending would be financed by borrowing; the government is also cutting taxes for many, but not all, Americans. At the time the policy was formulated many economists were confident that the policy would be effective, while another group was quite convinced that the policy would do little to raise the level of GDP. Discuss under what financing and economic conditions an expansionary fiscal policy could be expected to raise the level of real GDP, and under what conditions the policy would fail. Then state your opinion as to whether or not the US policy will work.

State and explain the five fundamental economic questions any society must answer in attempting to achieve and maintain efficiency in the use of its scarce economic resources?

1) Decide what to produce. 2) Decide how to produce. 3) Decide how to divide the output 4) How will the economy adapt to the changing environment. 5)Don't do any of it.

Explain what determine the optimum level of consumption for a consumer?

what determines the optimum consumption of an consumer is their income and their demand for goods and services.

How do fossil fuels help the economy?

Fossil fuels are gas, oil, and coal. They run this economy and our problem is that without them our machines wouldn't run, the cars would be dead, and heat/cooling wouldn't exist. Many products contain oil and those couldn't be produced. We are dependent on fossil fuels. The whole problem with this is that we don't have enough and buring them causes green houses gases, so we will need to come up with newer ways to meet our needs.

What is DAGMAR approach?

DAGMAR is a model of purchase process, beginning at a point where the project does not know about availability of a particular brand in the market. The approach was invented by Russel Colley in the year 1961. DAGMAR study is related to communication process of advertising.

When do the disabled and the retired get their stimulus payments under Obama's stimulus plan?

According to the AARP website, the stimulus payments of $250 per person or $500 per couple to retirees and other Social Security beneficiaries will be sent out in May. If you normally receive your Social Security payments by mail, you will receive a paper check in the mail and if you normally have your funds direct deposited, your payment will be transmitted electronically to you bank account.

Other government retirees, such as Federal and State, will qualify but might have to wait and file their 2009 tax returns to get their payment.

Has President Obama extended unemployment benefits?

As of September 29, 2009, the House has passed a bill providing 13 additional weeks for those already receiving unemployment benefits. The Senate is considering a similar bill. If the Senate version passes, the two will go to conference. If the conference comes up with a bill that will pass both the House and Senate, it will go to the President for his signature or veto.

Update

President Obama signed into law an extension of unemployment benefits to June 2, 2010. See the Related Link below.

Total Outlay Method for measurement of Elasticity of Demand?

According to this method the degree of elasticity of demand is measured by comparing firm's revenue from consumer's total outlay on the goods before the change in the price with after the change in the price.

What is the stimulus packet about?

The aim of the bailout plans, stimulus packages etc are to purchase bad assets, reduce uncertainty regarding the worth of the remaining assets, and restore confidence in the credit markets.

Below are some reasons for such packages:

1. To Stabilize the economy

2. Improve Liquidity

3. Improve Investor Confidence

4. Reduce the impact of the financial crisis on the US Economy and GDP.

How do you replace your stimulus check?

If you have made no effort to replace a lost 2009 Tax Refund check, I would guess you are out of luck.

Importance of business policy?

A written business policy communicates your companies expectations about employees appropriate employee work performance. Policy illustrates the acceptable performance boundaries.