Trump Urges Republicans to Get Spending Cuts or Push Default
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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential consequences are mentioned if the US defaults on its debt?
Economic boom
Millions of jobs lost
Decrease in interest rates
Increase in social security payments
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the President suggest as a solution to the US debt situation?
Ignore the debt limit
Increase government spending
Lower energy prices and interest rates
Increase taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the President describe the current spending by the US government?
Frugal and necessary
Excessive and wasteful
Balanced and efficient
Minimal and insufficient
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the President believe about the psychological impact of a US default?
It is mainly psychological and could be very bad
It will have no impact
It will lead to immediate economic recovery
It will only affect the stock market
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the President predict if he wins the next election?
The same debt negotiation tactics will be used against him
The debt situation will resolve itself
The Democrats will increase the debt limit
There will be no need for spending cuts
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