What 2008 U.S. law authorized the Troubled Asset Relief Program during the financial crisis?
Answer
Emergency Economic Stabilization Act
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What 2008 U.S. law authorized the Troubled Asset Relief Program during the financial crisis?
Answer
Emergency Economic Stabilization Act
What currency underwent hyperinflation in Germany in 1923, when prices rose extraordinarily rapidly?
Answer
Papiermark
What inflation target did the U.S. Federal Reserve formally announce in 2012 for the annual change in consumer prices?
Answer
2 percent
What term describes a sustained decline in the general price level of goods and services?
Answer
Deflation
Which recession did the U.S. National Bureau of Economic Research date from December 2007 to June 2009?
Answer
Great Recession
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Latest trivia questions
What economic policy usually involves raising interest rates to slow inflation by reducing borrowing and spending?
Answer
Contractionary monetary policy
What U.S. government index measures average changes in consumer prices and is widely used to track inflation?
Answer
Consumer Price Index
Which U.S. president signed the National Industrial Recovery Act during the Great Depression in 1933?
Answer
Franklin D. Roosevelt
On what date did Lehman Brothers file for bankruptcy, intensifying the 2008 financial crisis?
Answer
September 15, 2008