The Primary Purpose of the Troubled Asset Relief Program Was

question 60

Multiple Choice

The primary purpose of the Troubled Asset Relief Program was to

• A)quickly provide jobs to the unemployed.
• B)shore up shaky financial institutions.
• C)lower the rate of inflation.
• D)demonstrate that only the Fed controlled economic policy.
• E)help out the European economy and boost demand for American exports.

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Definitions:

Importer

A person or business that buys goods from overseas to sell in their own country.

US$

The symbol for the United States Dollar, the currency of the United States.

Metric Tonne

A unit of mass equivalent to 1,000 kilograms or approximately 2,204.6 pounds.

US$

The abbreviation for United States Dollar, the official currency of the United States.