During the Great Recession, the Bailout Money Given to the Car

question 191

True/False

During the Great Recession, the bailout money given to the car companies GM and Chrysler under the TARP program came from the Fed acting in its role as lender of last resort.Topic: The Policy Response to the Financial Crisis

---

Definitions:

Childcare Facilities

Places designed to provide care and educational activities for young children while their parents are at work or unavailable.

Adaptive Response

The ability to adjust and respond effectively to changes in the environment or circumstances.

Challenging

Refers to tasks or situations that test one's abilities or skill levels, often leading to growth or improvement.

Threatening

Expressing or implying a threat, especially with the intention to cause fear or harm.