Answer:
The Troubled Asset Relief Program (TARP) was design by the government in order to purchase assets with low value that do not have functionality for the market anymore.
Explanation:
The Troubled Asset Relief Program (TARP) was design by the government in order to purchase assets with low value that do not have functionality for the market anymore. The program was designed to help overcome the recovery of the economic crisis that occurred between 2007 and 2010, in which previously the prices of real estate had dropped significantly. Reason why, investments in householding were reduced and subsequently also in business.
The purpose of the program also included the selling of these assets later on, to be able to recover all the investments during the economic recession. At the end of the program in 2014, there were some profits of $15.3 billion. The government initially made an investment of $426.4 billion and at the end of the program they were able to register $441.7 billion.
The president is Donald J. Trump
Answer:
huh?? what does that mean?
