The Troubled Asset Relief Program (TARP)allowed

question 56

Multiple Choice

The Troubled Asset Relief Program (TARP) allowed

• A) the Treasury to inject funds into commercial banks in return for stock in the banks.
• B) the Fed to provide funds to commercial banks in return for stock.
• C) the Treasury to insure bank deposits at major U.S. banks.
• D) the Fed to make loans to banks as the lender of last resort.

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Definitions:

Crosstabulation

A method of tabulating data that allows for the comparison of two or more variables by creating a matrix that displays their interaction.

Categorical Variables

Variables that represent types or categories that data can fall into; they can be nominal (no specific order) or ordinal (with some order or ranking).

Quantitative Variables

Variables that are measurable and can be expressed numerically, representing counts or measurements.

Categorical Data

Data that can be separated into specific categories according to distinct characteristics that are non-numeric.