Obama desires to accelerate the process of pumping money with utmost rapidity as he believes that it would:
[A] Help create reasonably high employment opportunities
[B] Avoid deflation
[C] Inject cash into the already troubled economy
Solution
Ans: (a);
Refer to ‘Obama has said to speed is his top priority because the faster Washington injects cash into the financial bloodstream, the better it stands to help avert a multiyear slump with double-digit unemployment and deflation’. This means that Obama wanted to expedite the process of injecting money in order to avoid deflation and unemployment. The process of injecting cash would help create jobs thus averting unemployment.
Ans: (a);
Refer to ‘Obama has said to speed is his top priority because the faster Washington injects cash into the financial bloodstream, the better it stands to help avert a multiyear slump with double-digit unemployment and deflation’. This means that Obama wanted to expedite the process of injecting money in order to avoid deflation and unemployment. The process of injecting cash would help create jobs thus averting unemployment.
