Economic development encompasses which of the following measures?
a. Economic growth. b. The political environment.
c. Education. d. All of these.
d
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In October 2008, Congress passed the Troubled Asset Relief Program (TARP), under which the Treasury provided ________ to banks in exchange for ________
A) financial advice; promises to expand mortgage lending B) funds; stock C) bonds; cash D) lines of credit; loan guarantees
In the 1980s, banks responded to the loss of loans to the commercial paper market by increasing loans to all the following except
A) less creditworthy businesses. B) commercial real estate loans. C) loans to less-developed countries. D) large corporations.
Which of the following cannot be used to justify efficiency wages
a. Sticky price (menu cost) models b. turnover costs c. worker shirking d. worker morale
Explain how a market helps determine which goods and services will be produced, how to produce them, and who gets them
What will be an ideal response?