These are the options to the questions
Check all of the boxes that apply.
bankruptcy of the auto industry
survival of the banking industry
failure of the industries to repay TARP loans
survival of the auto industry
negative public views
Answer:
1. survival of the banking industry
2. survival of the auto industry
3. negative public views
Explanation:
TARP is an acronym for Troubled Asset Relief Program, it was designed by the U.S. Treasury to help provide stability in the country’s financial system. It seeks to restore economic growth, and mitigate foreclosures in the wake of the 2008 financial crisis. TARP was therefore run, for the purpose of achieving these targets by purchasing troubled companies’ assets and stock.
Hence, effects of TARP are the following:
1. Survival of the banking industry
2. Negative public views
3. Survival of the auto industry
4. Restored credit availability for individuals and businesses
5. Saved more than one million jobs.
