Research an expansionary fiscal policy action from 2009. Identify to what extent it was impacted by lags.

The American Recovery and Reinvestment Act of 2009 was a very large fiscal stimulus program.

1. Read about ARRA in Wikipedia.

2. Answer the question: To what extent did the 3 types of lags we discussed in class impact the 2009 ARRA?

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1 to 2 pages or depending on the requirements , 12-point fonts, 1.5 spacing and wide margins on all sides!

Language. Be precise in formulating your thoughts. Reread your paper more than once before handing in, use spell-checkers and grammar instructions. Typo’s are likely to downgrade the final assessment of the paper, you will be judged mainly about your contact and information

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