What was the purpose of TARP, and how was it designed to work?
What will be an ideal response?
Answer: An ideal response will:
1. Define TARP as the Temporary Assets Relief Program, the federal program to purchase assets and equity from troubled financial institutions.
2. Explain that this was essentially a bailout of the banking and financial industries that comprise Wall Street. The collapse of the financial industry had virtually frozen credit markets and was likely to affect the ability of those on Main Street to do business, refinance their homes, or buy a car. Thus, the $700 billion would allow the Department of the Treasury to buy equity stakes in faltering banks to free up credit markets and protect those on Main Street.
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Nazi Germany systematically killed millions of Jews in the ________.
Fill in the blank(s) with the appropriate word(s).
Answer the following statement(s) true (T) or false (F)
1. Controlled comparisons between two interval level variables are displayed in a cross-tabulation. 2. Gender, coded as male or female, and attitudes regarding welfare policy, coded as supports or opposes, are suitable variables for a cross-tabulation. 3. A simple comparison of two variables provides a zero-order relationship. 4. Mean comparison analysis is used when the independent variable is categorical and the dependent variable is interval.
California's political system limits group power in its a. Constitution
b. Bill of Rights. c. pluralist rules. d. regulatory arm.
In any democracy, elites only engage in repression of the masses for what purpose?
a. For the pleasure of acquiring power over the masses and subjecting them to repressive measures b. To preserve democratic values c. To preserve their power in the government d. As an attempt to protect the country from an outside influence.