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A Federal Government Bi-Partisan Effort Established the Emergency Economic Stabilization

Question 1

Multiple Choice

A federal government bi-partisan effort established the Emergency Economic Stabilization Act of 2008 and the Troubled Asset Relief Program (TARP) . The intent of this legislations was to restore stability to the financial system by allowing the Treasury Department


A) to sell assets from banks.
B) to buy or insure troubled assets from banks to decrease loans and credit to consumers and businesses.
C) None of the answers are correct.

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