The government passed the Economic Recovery Act in October 2008 to prevent the financial crisis from continuing to worsen. A controversial component of this act was the
A) temporary decrease in the federal deposit insurance limit.
B) sale of new subprime mortgage assets.
C) borrowing of $150 million from AIG.
D) Troubled Asset Relief Program (TARP).
D
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A group of producers who join forces to buy supplies and equipment and to market their output is a(n) ______
A) not-for-profit organization. B) S corporation. C) producer cooperative. D) sole proprietorship. E) cottage industry.
Human wants:
a. are unfilled only in the poorer countries of the world. b. can be completely satisfied by advancing technology. c. can never be fully satisfied. d. only apply to necessities. e. exist only if we are selfish.
Given its size, the United States does not have to worry about limitations on resources
a. True b. False Indicate whether the statement is true or false
What are the typical effects on the labor market of technological progress?