8. The 2008 Financial Crisis took a terrible economic and emotional toll on peop

Question

8. The 2008 Financial Crisis took a terrible economic and emotional toll on people around the world. But of the four people listed below, who could be considered to have politically benefited from the crisis?

Select one:

a. Hank Paulson

b. George W. Bush

c. Barack Obama

d. John McCain

9. The Capital Purchase Program (CPP) was part of the TARP. The CPP was used to inject capital into the banking system by buying bank stock. According to the author, the CPP's multiple design flaws had two sets of consequences - one was 9.1________, the other 9.2___________

9.1

a. Political

b.Financial

c. Systemic

9.2

a. Economic

b. International

c. Buisness Related

Explanation / Answer

Question 8. The 2008 Financial Crisis took a terrible economic and emotional toll on people around the world. But of the four people listed below, who could be considered to have politically benefited from the crisis?

Ans. C Barack Obama

Question 9. The Capital Purchase Program (CPP) was part of the TARP. The CPP was used to inject capital into the banking system by buying bank stock. According to the author, the CPP's multiple design flaws had two sets of consequences - one was 9.1________, the other 9.2___________

Ans. 9.1 is A. Political

9.2 is A. Economic

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