Which of the following is true of TARP?
A. TARP was created by the Obama administration to stimulate the economy.
B. TARP was successful in preventing a collapse of the financial system.
C. TARP was authorized with funding up to $350 billion.
D. Most of the TARP funds provided to banks were not repaid.
Answer:B
Which of the following is true of TARP?
A. TARP was created by the Obama administration to stimulate the economy. B. TARP was successful in preventing a collapse of the financial system. C. TARP was authorized with funding up to $350 billion. D. Most of the TARP funds provided to banks were not repaid.