When the Troubled Assets Relief Program was first announced in 2008, stock market prices continued to fall to reflect the public's
A)trust of the government's role in bailing out financial institutions.
B)believe about the government debt would explore.
C)uncertainty about the effectiveness of the government in stabilizing the financial system.
D)speculation that the economy would grow too fast to spark higher inflation.
E)All of these.

Question

Quizplus · Accepted Answer

The stock market prices continued to fall because of the uncertainty about the effectiveness of the government in stabilizing the financial system, as it was unclear whether the Troubled Assets Relief Program would be successful in addressing the issues in the financial sector. The other options are not relevant to the stock market's reaction at that time.

When the Troubled Assets Relief Program Was First Announced in 2008