What is the administration's position on extending PPP loans as mentioned in the first section?
Sec. Mnuchin Says Supports Extending PPP to Hard-Hit Businesses

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Business, Social Studies
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They are undecided about extending PPP loans.
They support extending PPP loans as proposed in the Heroes Act.
They want to end the PPP loan program immediately.
They oppose any extension of PPP loans.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of the legislative efforts discussed in the first section?
To reduce the budget for PPP.
To repurpose $135 billion for PPP.
To create new loan programs.
To eliminate PPP loans entirely.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the second section, what is suggested as a potential focus for policymakers regarding PPP funds?
Reducing taxes for large corporations.
Repurposing funds for businesses most affected by revenue drops.
Investing in new technology.
Increasing interest rates on loans.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the final section, what was the economic condition when the Cares Act was passed?
The economy was in very difficult shape.
The economy was experiencing a minor downturn.
The economy was thriving.
The economy was stable.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of businesses are highlighted as needing support in the final section?
Large multinational corporations.
Restaurants and hotels with significant revenue drops.
Businesses with increased revenues.
Tech startups.
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