The Troubled Asset Relief Program (or TARP) called for:
A. reductions in government spending and tax increases.
B. the purchase of assets and equity from troubled financial institutions.
C. increases in government spending and tax cuts.
D. a return to the gold standard.
Answer: B
You might also like to view...
If a rent ceiling is set below the equilibrium price, thus creating a ________, housing may be allocated by increasing search activity or creating a ________
A) shortage; black market B) shortage; free market C) surplus; black market D) surplus; open market E) surplus; free market
During 2016, Tony's assets equal $200,000 and his liabilities are $250,000. Tony's net worth is
A. -$50,000. B. $50,000. C. $300,000. D. $550,000.
Economic growth shifts a society's production possibility frontier away from the origin.
Answer the following statement true (T) or false (F)
In Figure 11.3, the change in investment spending is represented as the distance between points
A) C0 and C1. B) a1 and y1. C) a0 and a1. D) y0 and y1.