The Main Argument for the Troubled Asset Relief Program Implemented

question 138

Multiple Choice

The main argument for the Troubled Asset Relief Program implemented by the U.S.government during the financial crisis of 2007-2008 was that

• A) without large financial intermediaries,future GDP would collapse.
• B) the government had an obligation to firms affected by the financial crisis.
• C) the funds would go to those citizens who needed help the most.
• D) government policies were responsible for the crisis in the first place.
• E) the cost of the program was relatively small.

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Definitions:

Halo Effects

A cognitive bias where one's impression of something or someone influences their feelings or thoughts about their character or properties.

Perceptions

The process of organizing and interpreting sensory information to represent and understand the environment.

Thoughts

Thoughts are mental cognitions—ideas, opinions, and beliefs about oneself, others, or the surrounding world.

Reframing

The process of changing the context or perspective on a situation or problem to find a new and often more positive interpretation.