Question

Obama's upcoming American Recovery and Reinvestment Plan focuses on which of the following?
A. Recovery of all debts from the debtors in a phased manner.
B. Pumping money very liberally in projects that are mandatory.
C. Investing money recklessly in any project regardless of its utility.

• A. Only A
• B. Only B
• C. Only C
• D. B and C
• E. All of the above

Hint:

Eliminate extreme or exaggerated options in comprehension questions—they are often incorrect.

Answer 1

The Correct Option is A

The question asks about the focus of Obama's upcoming American Recovery and Reinvestment Plan, providing multiple-choice options. To determine the correct answer, we need to analyze the options and the known objectives of such recovery plans.

Let's break down each option:

1. Option A: Recovery of all debts from the debtors in a phased manner.
2. Option B: Pumping money very liberally in projects that are mandatory.
3. Option C: Investing money recklessly in any project regardless of its utility.

Considering typical recovery plans initiated by governments, especially during economic downturns, the plans focus on sustainable economic recovery, financial stability, and infrastructure development. Reckless spending, as stated in Option C, is generally not a feature of such plans, indicating that Option C is unlikely to be the focus.

Given these insights:

• Option B suggests liberal spending on mandatory projects, which is closer to practicality but does not reflect the main focus of recovery plans.
• Option A highlights recovering debts in a systematic manner, aligning with realistic financial strategies to stabilize the economy.

Thus, Option A is the most viable focus of the American Recovery and Reinvestment Plan, as recovery plans typically involve structured financial management, including recovering debts in a phased approach.

Therefore, the correct answer is Only A.