When the Treasury Department recapitalized some banks, they were
A) engaged in a bailout.
B) operating as a lender of last resort.
C) decreasing the money supply.
D) all of the above.

Question

Quizplus · Accepted Answer

When the Treasury Department recapitalizes banks, it is essentially providing them with additional capital to ensure their stability and solvency, which is a form of financial assistance or bailout.

When the Treasury Department Recapitalized Some Banks, They Were