AIG Received a Government Bailout to Save the Company Because

question 80

Multiple Choice

AIG received a government bailout to save the company because

• A) had the company gone bankrupt, too many employees would have become unemployed without sufficient unemployment insurance to aid them.
• B) had the company gone bankrupt, the effect on New York City, where it was situated, would have been a catastrophe, so the bailout was actually in part to keep New York City solvent.
• C) had the company gone bankrupt, money already owed to the U.S. government prior to the collapse would never have been recovered, so the bailout was necessary to keep AIG in operation until it was solvent enough to repay the government.
• D) had the company gone bankrupt, the U.S. financial infrastructure would have been severely or even irreparably damaged.

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Definitions:

Atkinson-Shiffrin Model

A theoretical model of memory that describes it as consisting of three main systems: sensory memory, short-term memory, and long-term memory.

Rehearsal Systems

Methods or techniques used to practice and improve memory retention.

Procedural Memories

Long-term memories of how to perform different actions and skills. Essentially, it involves memories of motor tasks and habits.

Declarative Memories

Memories that can be consciously recalled, such as facts and events, and can be verbally communicated.