When Critics Charge That the Bailout Package Sponsored by President

question 19

Multiple Choice

When critics charge that the bailout package sponsored by President Obama is one in which "losses are socialized and profits privatized," they mainly mean

• A) the U.S. economy has become a socialist economy in which the government gets all the profits from economic activity.
• B) taxpayers end up paying for corporate losses, but corporations keep the profits.
• C) corporate profits eventually go to the government, but losses are borne by the corporations.
• D) there is too much government regulation of business.
• E) there is not enough government regulation of business.

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Definitions:

Serif Typeface

A font style characterized by small lines or strokes attached to the ends of letters, enhancing readability in print.

Ventral Surface

The front or belly side of the body or an organ.

Caudal

Pertaining to the tail or the posterior part of the body in a given direction, opposite of cranial.

Cephalic

Relating to the head or the head end of the body.