TARP was
A. the name given to the auto company bailouts.
B. the name given to the stimulus package of 2009.
C. what kept AIG afloat.
D. the name given to the bank bailouts.
Answer: D
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Given that the demand for unskilled labor curve is downward-sloping, an unintended effect of raising the minimum wage is that some people who worked at the lower wage will lose their jobs at the higher wage.
Answer the following statement true (T) or false (F)
In developing countries, it is not true that
a. banks are often viewed with suspicion b. at the first sign of economic problems, many bank depositors withdraw their funds c. because banks cannot rely on a continuous supply of deposits, banks cannot make loans for extended periods d. if financial institutions fail to serve as intermediaries between savers and borrowers, the lack of funds for investment will make growth rates double e. the credit provided by banks as a percent of total output is one fifth that in high-income countries
The Great Depression was the most severe recession experienced by the U.S. economy, during which national output had declined by 25 percent
a. True b. False Indicate whether the statement is true or false
Refer to the table below. What is the price that yields the maximum total revenue?
 A. $2 B. $3 C. $4 D. $5