Business
Business, 27.07.2020 01:01, 3steves

tARP and other lender-of-last-resort programs implemented by the Fed in response to the financial crisis of 2007 and 2008 Multiple Choice were designed to offset the moral hazard created by the TARP and other bailout programs. have been little used and therefore are ineffective. severely depleted the assets of the Federal Reserve. increased the moral hazard problem by limiting losses from bad financial decisions.

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