Multiple choice general knowledge

USA President Obama has outlined a levy of US$117bn (HKD907bn) on which industry?

  1. Technology

  2. Development

  3. Industrial

  4. Banking/Finance
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In 2009-2010, President Obama proposed a Financial Crisis Responsibility Fee (levy) of approximately $117 billion on the banking and finance industry to recoup costs from the TARP bailout program that stabilized financial institutions during the 2008 crisis.

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