In 2010, in Order to Stimulate Capital Investment, President Obama

question 183

Multiple Choice

In 2010, in order to stimulate capital investment, President Obama proposed

• A)a reduction in real interest rates.
• B)an increase in the money supply.
• C)increased write-offs for businesses purchasing equipment.
• D)an increase in the tax on capital gains.

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Definitions:

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort resulting from conflicting beliefs, behaviors, or attitudes.

Reality TV

A television programming genre that documents unscripted situations and actual occurrences, often featuring a cast of ordinary people instead of professional actors.

American Idol

A popular American singing competition television series where aspiring singers compete for a record deal and fame.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting thoughts, beliefs, or attitudes.