What was the main focus of Mnuchin and Powell's testimony before the Senate Banking Committee?
Mnuchin And Powell To Testify Remotely On Coronavirus Relief

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Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The role of the Federal Reserve
The future of the stock market
The impact of the pandemic on healthcare
The effectiveness of the CARES Act
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the Congressional Oversight Commission, how much of the $500 billion set aside for businesses and governments has been loaned out?
Very little
A significant portion
None of it
All of it
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What condition must businesses meet to have their Paycheck Protection Program loans forgiven?
Spend 100% on payroll
Spend 75% on payroll
Spend 50% on payroll
Spend 25% on payroll
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential issue with the Paycheck Protection Program as highlighted by a government watchdog?
It is too easy to qualify for
It could lead to inflation
It might harm many borrowers
It is not available to large corporations
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who reported the concerns about the Paycheck Protection Program for Newsy?
Catherine Beak
Jane Smith
Michael Johnson
John Doe
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