Question

14

Select ALL the correct answers.
How did the Troubled Asset Relief Program (TARP) address the Great Recession?
The US Treasury invested billions of dollars in companies hit hardest by the crisis.
The program improved access to affordable health care to help low-income familles.
Taxpayer money was used to help fund scientific research to reduce unemployment.
The program invested billions to create new jobs for the unemployed.
Taxpayer money was used to help several large financial firms stay in business.
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Answer 1

The program improved access to affordable health care to help low-income familles.

Step-by-step explanation:

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Answer 2

The US Treasury invested billions of dollars in companies hit hardest by the crisis.

Taxpayer money was used to help several large financial firms stay in business.

Step-by-step explanation:

The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis. TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks. From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.

The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis.

TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks.

From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.

TARP was controversial at the time, and its effectiveness continues to be debated.