S family unit government response federal government

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
lost salary for each U.S. family unit.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Government Response – Federal government spending to moderate the money related emergency through the Troubled Asset Relief Program (TARP) will bring about a net cost to citizens of $73 billion as indicated by the CBO. This is roughly $2,050 per U.S. family unit by and large. Home Values – The U.S. lost $3.4 trillion in land riches from July 2008 to March 2009 as indicated by the Federal Reserve. This is generally $30,300 per U.S. family unit. Further, 500,000 extra abandonments started amid the intense period of the money related emergency than were normal, in light of the September 2008 CBO estimate. Stock Values – The U.S. lost $7.4 trillion in stock riches from July 2008 to March 2009, as indicated by the Federal Reserve. This is generally $66,200 all things considered per U.S. family unit. Occupations – 5.5 million more American employments were lost because of slower monetary development amid the money related emergency than what was anticipated by the September 2008 CBO conjecture.
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern