A government program that invested in financial institutions and automakers to help stabilize markets during the great recession of 2008 was the _____.
A)Troubled Asset Relief Program
B)Social Security System
C)Supplemental Security Income Program
D)Public Housing Assistance Program
E)Deposit Insurance Program

Question

Quizplus · Accepted Answer

The Troubled Asset Relief Program (TARP) was a government program created in 2008 in response to the financial crisis. It aimed to stabilize financial institutions and the auto industry by purchasing troubled assets from banks and providing funds to automakers.

A Government Program That Invested in Financial Institutions and Automakers