The Troubled Asset Relief Program (TARP) totaled ____ and the fiscal stimulus package of 2009 totaled ____
a. $1.4 trillion; $800 billion
b. $1.4 trillion; $700 billion
c. $700 billion; $800 billion
d. $700 billion; $1.4 trillion
c
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The use of deductibles and coinsurance are examples of attempts by insurance companies to deal with the problem of
A) moral hazard. B) adverse selection. C) failure of policyholders to keep paying their premiums. D) excessive government regulation.
If Japanese tourists visit Yellowstone Park, what is the effect in the foreign exchange market?
a. It will increase demand for U.S. dollars. b. It will decrease demand for U.S. dollars. c. It will increase supply of U.S. dollars. d. It will decrease supply of U.S. dollars.
The relative costs of two goods produced by two countries can be determined by comparing the ________ of their ________.
A) slopes; supply curves B) prices; domestic production C) slopes; production possibilities curves D) their absolute efficiencies; production
The price elasticity of demand for labor will be smaller, the
A) greater is the price elasticity of demand for the final product. B) easier it is to employ substitute inputs in production. C) smaller is the proportion of wage costs in the total cost of production. D) longer is the time period under examination.