The government passed the Economic Recovery Act in October 2008 to prevent the financial crisis from continuing to worsen. A controversial component of this act was the
A) temporary decrease in the federal deposit insurance limit.
B) sale of new subprime mortgage assets.
C) borrowing of $150 million from AIG.
D) Troubled Asset Relief Program (TARP).
ANSWER
D
Place an order in 3 easy steps. Takes less than 5 mins.