The 2008 Troubled Assets Relief Program Cost

question 13

Multiple Choice

The 2008 Troubled Assets Relief Program cost

• A)$250 billion
• B)$400 billion
• C)$600 billion
• D)$700 billion

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Definitions:

Conformity

The adjustment of one's behaviors, attitudes, or beliefs to align with the norms, attitudes, or behaviors of a group or society.

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.

Fundamental Attribution Error

The tendency to overestimate the influence of internal factors in determining behavior while underestimating situational factors.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.