Of the $840 billion american recovery and reinvestment act stimulus package which was enacted in 2009, approximately took the form of tax cuts and took the form of increases in government expenditures.

The correct answers are: one third; two thirds.

Explanation:

The term "tax reduction" may seem a bit confusing, because it is a broad term that covers a wide range of situations that result in a lower amount of the tax collected by the government. The only thing that all tax cuts have in common is that they modify a pre-existing tax law or implement a new one that effectively reduces the amount of taxes you have to pay.

Public spending is that made by the public sector in a given period. It includes all fiscal expenditure, plus all expenses of fiscal and semi-fiscal companies with autonomous administration of the central government. Public spending goes to public consumption goods and capital goods, public investment.

answer; encouraging the development of innovations by firms attempting to break a monopoly; (creative destruction)

answer; post closing trial balance;