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The Troubled Asset Relief Program Was Originally Designed to __________

Question 50

Multiple Choice

The Troubled Asset Relief Program was originally designed to __________ but funds were ultimately used for __________.


A) purchase and insure assets held by financial institutions;purchase equity financial institutions and bail out U.S.automakers
B) nationalize banks;unemployment insurance and financing the wars in Iraq and Afghanistan
C) bail out banks;purchases of "toxic assets"
D) bolster bank stock prices;paying bank executive bonuses
E) prevent takeovers of U.S.banks by foreign nationals;insure assets held by member banks

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