Which of the following is NOT true regarding Candice Macro economics

Question 99 / 142: Which of the following is NOT true regarding the 2009 stimulus plan enacted under President Obama?

A Federal grants to states prevented massive state layoffs but also made state agencies highly
dependent on the federal government for revenue.

B The stimulus plan led to a high degree of crowding out of private investment.

C The stimulus plan included spending and tax cuts totaling $800 billion to $900 billion.

D Many of the tax cuts were saved rather than spent.

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