Paraphrase this "To fight the 2008 financial crisis, the United States employed a combination of fiscal and monetary policies. On the budgetary front, Congress passed the ailing Asset Relief Program (TARP) to help ailing banks and stabilize the financial sector. Fiscal stimulus programs, such as the American Recovery and Reinvestment Act, were also undertaken to increase aggregate demand and assist job growth. The Fed also used quantitative easing (QE) to pump liquidity into the financial system and cut long-term interest rates by acquiring significant amounts of mortgage-backed securities and Treasury bonds."

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To address the 2008 financial crisis the United States utilized a combin... View the full answer