UsuQuiz isn't just about playing trivia; it's about mastering knowledge! Dive into topics like HISTORY and the 2008 economic crisis, and then create your own quizzes. UsuQuiz offers:
1. What investment bank failed in 2008, marking a key moment in the crisis? 🏦
a) Lehman Brothers
b) Goldman Sachs
c) Morgan Stanley
2. What type of mortgage was a major factor in the 2008 crisis? 🏡
a) Fixed-rate mortgage
b) Adjustable-rate mortgage
c) Government-insured mortgage
3. Which government agency took over Fannie Mae and Freddie Mac? 🏛️
a) Federal Reserve
b) Federal Housing Finance Agency
c) Securities and Exchange Commission
4. What term describes the process of packaging mortgages into securities? 📦
a) Securitization
b) Deregulation
c) Inflation
5. What was the purpose of the Troubled Asset Relief Program (TARP)? 💰
a) To bail out homeowners
b) To stabilize the financial system
c) To fund infrastructure projects
6. Which act was passed in response to the 2008 financial crisis? 📜
a) Glass-Steagall Act
b) Dodd-Frank Act
c) Sarbanes-Oxley Act
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