What Was the Purpose of the Treasury Department's Troubled Asset

question 76

Multiple Choice

What was the purpose of the Treasury Department's Troubled Asset Relief Program (TARP) ?

• A)to abate criticism of the U.S.banking system
• B)to bail out the nation's financial institutions
• C)to decrease the Fed's control over monetary policy
• D)to increase the money supply in the national marketplace

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Definitions:

Using Money

Likely referring to the utilization of financial resources or capital for transactions, investments, or other financial activities.

Term

A fixed or limited period for which something, such as an agreement or investment, lasts or is intended to last.

Due Date

The date by which an obligation, such as a payment or submission, is required to be fulfilled.

Note Issued

A written promise to pay a specified amount of money, often with interest, at a future date.