3
QuizMultiple Choice

Into a New Millennium — Test

Question 3 • US History

The Emergency Economic Stabilization Act of 2008 was designed to help

Answer
A
victims of Hurricane Katrina.
B
victims of terrorist attacks.
C
banks and other financial institutions.
D
illegal immigrants.

Explanation

The Emergency Economic Stabilization Act of 2008 was passed during the financial crisis to stabilize the U.S. financial system. It authorized the government to buy troubled assets and provide support to banks and other financial institutions. Therefore, the correct choice is banks and other financial institutions.

AI-written and checked against the verified answer.

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