Following the Financial Collapse in Late 2008, the Deficit Increased

question 1

Multiple Choice

Following the financial collapse in late 2008, the deficit increased in part because of the

• A)high short-term interest rates and restrictive monetary policy.
• B)massive expansion of foreign aid to Central American democracies.
• C)troubled Asset Relief Program (TARP), increasing federal spending by about $750 billion.
• D)surge in illegal immigration.

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Definitions:

Domination

The exercise of control or influence over someone or something, often through coercion or force.

Competition

Is a mode of interaction in which power is unequally distributed but the degree of inequality is less than in systems of domination. Envy is an important emotion in competitive interactions.

Cooperation

The process of groups or individuals working or acting together for a common purpose or benefit.

Statuses

The positions or roles individuals hold within a social structure, which determine their social identity, obligations, and rights.