As of 2012, the bank portion of TARP:
A) earned a profit of $21 billion
B) earned a profit of $245 billion
C) cost $266 billion
D) cost $700 billion
A
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The market value of downtown real estate is most basically determined by the
A) assessment of the taxing authorities. B) market value of the building already on a particular plot of land. C) use to which it is currently being put. D) uses to which people would like to put it if given a chance. E) whatever it costs to convert the land to its next best use.
The law of diminishing marginal utility holds that at some point consumption of additional units of a commodity adds less to total utility
a. True b. False Indicate whether the statement is true or false
The relationship between consumer spending and disposable income is called the
a. conjunction function. b. consumption function. c. aggregate demand function. d. marginal spending function.
?All of these are characteristics of a competitive industry, except:
a. Many substitutes
b. No barriers to entry
c. Homogenous product
d. Little or no information on rivals' products