What did Fed chair Ben Bernanke use TARP money to do?
A. put money into the hands of homeowners in threat of foreclosure
B. stabilize interest rates
C. purchase large amounts of foreclosed homes on behalf of owners that could not pay adjustable-rate mortgages
D. bail out banks in danger of failing
E. purchase large insurance companies deemed "too big to fail"
Answer: D
You might also like to view...
Not-for-profit agencies are widely perceived as:
a. Less effective than public agencies. b. More innovative than public agencies. c. Unable to help clients as much as a public agency. d. Ineffective.
Which of the following statements about welfare programs is true?
a. Welfare includes a variety of programs including cash and noncash benefits. b. Welfare programs are totally funded and administered by the federal government. c. Most welfare recipients stay on welfare throughout their lives. d. Welfare was eliminated in 1996. e. Welfare programs are totally funded and administered by the state governments
Deregulation has increased the authority of regulatory agencies
Indicate whether the statement is true or false
What is budget execution?
What will be an ideal response?