A government program that invested in financial institutions and automakers to help stabilize markets during the great recession of 2008 was the _____
a. Troubled Asset Relief Program
b. Social Security System
c. Supplemental Security Income Program
d. Public Housing Assistance Program
e. Deposit Insurance Program
a
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For many jobs, as wages increase, the quantity supplied of labor increases. This set of facts is evidence that the
A) substitution effect is larger than the income effect and the supply of labor curve is upward sloping. B) income effect is larger than the substitution effect and the supply of labor curve is upward sloping. C) substitution effect is larger than the income effect and the supply of labor curve is backward bending. D) income effect is larger than the substitution effect and the supply of labor curve is backward bending.
Macroeconomic stability has been a high priority for the economic policies of the high-growth Asian economies
Indicate whether the statement is true or false