In Response to the Troubles in the U

question 97

Multiple Choice

In response to the troubles in the U.S. financial system in 2008, Congress authorized a bailout package of about _______ to shore up the financial sector.

• A) $900 billion
• B) $2 trillion
• C) $700 billion
• D) $350 billion

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Definitions:

Printing Press

A mechanical device for applying pressure to an inked surface resting upon a print medium (such as paper or cloth), thus transferring the ink, marking a pivotal moment in the history of publishing and the spread of information.

Manhattan Island

An island at the mouth of the Hudson River in New York City; historically significant as the founding location of New York.

Permanent Settlement

A term often associated with the agreement made by the British with landlords in colonial India, fixing revenues to be raised from land, making the landlords intermediaries between the farmers and the colonial government.