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Simply giving money to people would have caused a ton of inflation and probably caused even more debt (is it a well known characteristic of the American consumer to have a very high propensity to consume; to the point they spend more than they actually have. In practical terms, it means the $2,333 that would result from such a policy ($700B divided by all taxpayers evenly) could have been used to buy a $2,500 TV, etc). The problem at hand was that debt market were illiquid. The purpose of the TARP is to provide liquidity to those assets, not to just give money to people (which, as stated earlier, has a high chance to compound the problem).
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∙ 15y ago
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Concerning the 700billion bailout if you divide aprox.300000000 UScitizens what do you get?
700 Billion is 700,000 times 1,000,000 =700,000,000,000 (yes, that is 11 zeros) Divide that by 300,000,000 = 2333.3333.... That is basically $2,333.33 for each American citizen. I wish they would have divided it by the number of Adults of voting age and given it directly to us. =) Just as a side note, simply giving money to people would have caused a ton of inflation and probably caused even more debt (is it a well known characteristic of the American consumer to have a very high propensity to consume; to the point they spend more than they actually have. In practical terms, it means the $2,333 could have been used to buy a $2,500 TV, etc). The problem at hand was that debt market were illiquid. The purpose of the TARP is to provide liquidity to those assets, not to just give money to people (which, as stated earlier, had a high chance to compound the problem).
How much money would each registered voter receive if the new stimulus package of 820 billion was divided?
altleats for every one to benefit it would be better for each to move away with a package of 82.9 dollars o that each can get
How much money does a player start with in the here and now UK edition of monopoly?
The $15 million each player starts with is divided as follows: 2 each of $5,000,000s,$1,000,000s, and $500,000s; 6 $200,000s; and 5 each of $100,000s, $50,000s, and$10,000s.
What is the difference between GDP and GNP per capita?
Per capita GDP is GDP per person - total for the country divided on the number of people living there.
What per capita GNP?
The GNP (Gross National Product) per capita of a country shows the average value of goods and services produced by each person each year. This is then divided by the total population to get an average earnings per person.
What is 139 million divided into 8.5 trillion?
16.3529
If the proposed bailout cost of 7 hundred billion dollars were divided among the entire population of the US how much would that be for each person?
700B / 300M Population = $2300 a person. WRONG! you forgot a few zeros; it is actually $2.333 Million per person (every man, woman and child)!
How many portion is each minute of latitude divided?
Each degree of latitude is divided into sixty minutes. Each minute of latitude can be divided into seconds and then those seconds can be divided more.
A state is divided into sections what do you called it?
a state is divided into sections, each called county
How are kingdoms divided up?
Kingdoms are divided into phyla (singular is phylum), each phylum is divided into classes, each class is divided into orders, and orders are divided into families. Families are divided into genera (singular is genus), and each genus is divided into species. Keep in mind that for each main group there can be a subgroup if necessary (for example: sub-phylum, suborder, subfamily, subgenus, or subspecies.
How much will a trillion dollars of government debt cost each tax payer?
One trillion dollars is approximately $3,250 per documented citizen. Overall the National debt $13.3 trillion is approximately $120,000 per resisted tax payer and $43,000 per documented citizen.
What is the measure of each central angle of a circle divided into sixth?
It is 360 degrees divided by 6 = 60 degrees each.
Can you divide each number from 1 through 9?
If you are asking if each number from one through nine can be divided, then yes. Each number can be divided by one.
What sign is the answer to a minus divided by a minus?
a negative divided or multiplied by a negative is a positive a negative and a positive multiplied or divided by each other is a negative a negative divided or multiplied by a negative is a positive a negative and a positive multiplied or divided by each other is a negative
Is each kingdom of organisms is divided into several classes?
kingdoms are divided into phylums, and each phylum is divided into classes. some phyla only have one class though, such as nematoda.
What is each country divided into?
States
Who uses a 1099 tax form?
The payer. There are a ton of different 1099 tax forms (or information returns) and new forms continued to be developed and released. Each form is sending different information to the IRS. But in all cases, its the payer (the one who is paying out the money) is required to fill out the 1099 form and mail it to the recipient.
