Multiple Choice
What was the stated purpose of the TARP $700 billion bailout?
A) Give it to financial institutions to keep them from going bankrupt.
B) Purchase illiquid assets from banks and other financial institutions to restore market.
C) Loan money to the automobile industry to save the market for automobiles.
D) Provide incentives to homebuyers to improve the housing market.
Correct Answer:
Verified
Correct Answer:
Verified
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