Which of the Following Correctly Describes Actions of the U

question 83

Multiple Choice

Which of the following correctly describes actions of the U.S.government during the recession of 2008-2009?

• A)It refused to provide banks funding and made no significant changes in government spending.
• B)It refused to provide banks funding but made a large increase in government spending.
• C)It became part owner of some banks but made no significant change in government spending
• D)It became part owner of some banks and made a large increase in government spending.

---

Definitions:

Trading in Securities

The practice of buying and selling stocks, bonds, and other financial instruments, typically for short-term profit.

Audit Committee

A subgroup of a company's board of directors that oversees the financial reporting and disclosure process, working closely with auditors.

Sarbanes-Oxley Act of 2002

A U.S. federal law that established sweeping auditing and financial regulations for public companies to protect investors from fraudulent financial reporting.