Question: I n September 2 0 1 1 , more than two years after Congress and the Obama administration had enacted the 2 0 0 9

In September 2011, more than two years after Congress and the Obama administration had enacted the 2009 stimulus package, a poll conducted by the Washington Post and ABC News found that only 17 percent of those polled thought that the "Obama economic program" was "making the economy better." Thirty-four percent thought it was making the economy worse, and 47 percent thought it was having no effect.
Source: Washington PostdashABC News Poll, "National Politicslong dashFull Trend," washingtonpost.com , August 29dashSeptember 1,2011.
Part 2
a. How can economists judge whether the stimulus program was effective?
A.
Economists try to determine if the stimulus package pushed real GDP further away from potential GDP and reduced structural unemployment, but since other factors affect GDP and unemployment at the same time, itis difficult to separately identify the effectiveness of the package itself.
B.
Economists focus on determining if the stimulus package was effective at reducing both the inflation rate and the unemployment rate to judge how effective it was in increasing real GDP.
C.
Economists try to determine if the stimulus package pushed real GDP closer to potential GDP and reduced cyclical unemployment, but since other factors affect GDP and unemployment at the same time, itis difficult to separately identify the effectiveness of the package itself.
D.
Itis a simple matter for economists to determine the effectiveness of the stimulus package by analyzing its effects on increasing real GDP and reducing cyclical unemployment.

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