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The Financial Crisis of 2007-2009 (The Great Recession)
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The Financial Crisis of 2007-2009 (The Great Recession)
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18. The Monetary System / The Financial Crisis of 2007-2009 (The Great Recession) / Problem 3
Problem 3
What was the purpose of the Troubled Asset Relief Program (TARP) during the financial crisis?
A
To increase interest rates to curb inflation.
B
To provide direct financial aid to homeowners facing foreclosure.
C
To purchase toxic mortgage-backed securities from financial institutions to stabilize the financial system.
D
To fund infrastructure projects to boost the economy.
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