The purpose of the bailout was to purchase bad assets, reduce uncertainty regarding the worth of the remaining assets, and restore confidence in the credit markets.
The federal reserve is buying illiquid assets from large banks & financial institutions.
There are 700 million thousands in 700 billion.
2333.33333333333333333333333333
700 billion + 600 billion + 10 billion = one trillion, three hundred ten billion
700 billion plus 500 billion is one trillion 200 billion. Or it is 1,200,000,000,000
700 billion U.S. dollars = 428.082192 billion British pounds
-698.75
2.8
233.3333
700 trillion divided by six billion is 116,666.67 (rounded).
700,000. 700,000 times 1 million equals 700 billion
percentage of 700 of 7 billion = 0.00001%% rate:= 700/7000000000 * 100%= (70000/7000000000)%= (1/100000)%= 0.00001%
700,000,000,000