The Troubled Asset Relief Program (TARP), Which Was Passed as Part

question 58

True/False

The Troubled Asset Relief Program (TARP), which was passed as part of the Economic Stabilization Act of 1978 enabled the U.S.Treasury to purchase up to $700 billion of troubled assets held by financial institutions.

---

Definitions:

Biases

Prejudices or predispositions towards or against something or someone, often in a way that is considered to be unfair.

Prejudices

Preconceived opinions or judgments about people or things that are not based on reason or actual experience.

Language

A system of communication using sounds, symbols, or gestures by which individuals express thoughts, feelings, and ideas.

Stress

The physical or mental response to an external cause, such as pressure, challenge, or demand.