One of the key U.S. government interventions to address the economic fallout of the recession of 2008 was

a. nationalization of a handful of American banks

b. creating a Troubled Assets Relief Program (TARP) to give hundreds of millions of dollars to buy toxic assets and inject cash into the nation's biggest banks and corporations.
c. liquidation of all of the mortgage assets of the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Mortgage Corporation ("Freddie Mac").
d. a massive income and business tax cut to stimulate business activity.
e. None of these choices are correct.


b

History

You might also like to view...

The single largest free-trade area in Europe during the eighteenth century was:

A. Italy. B. Spain. C. France. D. Great Britain. E. Germany.

History

"Operation Just Cause" involved a U.S. invasion of ____________________

Fill in the blank(s) with correct word

History

By 1860, slaves were concentrated in the "black belt" located in the

a. border states of Kentucky, Missouri, and Maryland. b. Deep South states of Georgia, Alabama, Mississippi, and Louisiana. c. old South states of Virginia, North Carolina, and South Carolina. d. new Southwest states of Texas, Arkansas, and Indian Territory. e. mountain regions of Tennessee, West Virginia, and Kentucky.

History

Governor Orville Faubus forced President Eisenhower to send troops into __________

A) Mississippi B) Arkansas C) Georgia D) Alabama

History