In 2008, the Trouble Asset Relief Program (TARP)

Multiple Choice

In 2008, the Trouble Asset Relief Program (TARP)

A) was used to create the government-sponsored enterprises, Freddie Mac and Fannie Mae.
B) provided bailouts to homeowners who were upside down in their home loans.
C) was the first time the government intervened in a business failure in American history.
D) provided a bailout to banks, automobile companies, and the AIG insurance company.
E) helped small businesses expand during the economic downturn.