How did the U.S. government make a profit out of its Troubled Asset Relief Program investments during the financial crisis of 2007-2009?
What will be an ideal response?
The government made a small profit from its TARP investments in the banks because the government was repaid by the banks once the crisis had passed.
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If a small plant is more efficient than either a medium-sized or a large plant, the situation must be one of
a. increasing returns to scale. b. decreasing returns to scale. c. constant returns to scale. d. None of these.
List the Fed's four main monetary goals
What will be an ideal response?
The sale of stocks
a. and bonds to raise money is called debt finance. b. and bonds to raise money is called equity finance. c. to raise money is called debt finance, while the sale of bonds to raise funds is called equity finance. d. to raise money is called equity finance, while the sale of bonds to raise funds is called debt finance.
In reference to industrial policy, networks of interdependent firms, universities, and businesses that focus on production of a specific type of good are called:
A. vertical industries. B. integrated industries. C. bundles. D. clusters.