Which of the Following Passed in Response to the Great

question 34

Multiple Choice

Which of the following passed in response to the Great Recession?

• A) Troubled Asset Relief Program of 2008
• B) Budget and Accounting Act of 1921
• C) Glass-Steagall Act of 1933
• D) American Recovery and Reinvestment Act of 2009

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Definitions:

Primary Reason

The main or most important cause or motive behind an action, decision, or situation.

Lose Customers

The process by which a business experiences a reduction in its customer base due to various factors such as poor service, high prices, or better competition.

Management Team

A group of individuals at the top level of an organization who are responsible for making strategic decisions and ensuring the company achieves its goals.

Competitive Advantage

A condition or unique attribute that allows a company to outperform its competitors, securing a superior position in the market.