In 2008,the Fed and the Treasury Began Attempting to Stabilize

question 181

Multiple Choice

In 2008,the Fed and the Treasury began attempting to stabilize the commercial banking system through the Troubled Asset Relief Program (TARP) by

• A)allowing domestic banks to be taken over by foreign banks.
• B)permitting banks to sell commercial bonds to the Federal Reserve Bank.
• C)allowing banks to double any outstanding claims for federal deposit insurance reimbursements.
• D)providing funds to banks in exchange for stock.

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