Troubled Asset Relief Program is a government program that invested in financial institutions and automakers to help stabilize markets
Indicate whether the statement is true or false
true
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Discriminatory trade practices are allowed among sister WTO member countries, especially when it comes to
A) the use of child labor in agricultural and textile/apparel products. B) national security and special benefits given to other members of a free trade area. C) the protection of agriculture and textile/apparel from open trade. D) Both A and B are correct. E) Both B and C are correct.
What does the negative slope of the utilities possibilities frontier imply?
A) Diminishing marginal utility. B) The only way to increase one person's utility is to decrease another person's utility. C) Diminishing marginal rates of substitution. D) The only way to increase output of one good is to decrease output of another.
A firm's marginal revenue product curve is downward sloping, which means the derived demand curve for an input is downward sloping
a. True b. False
Which of the following is a lagging indicator?
a. Outstanding commercial loans. b. Duration of unemployment. c. Prime rate. d. All of these.