The _______________________ (TARP) is an example of a government program created to help stabilize the financial sector during the financial crisis of 2007-2009

A) Times Are Really Problematic
B) Tarnished Assets Recovery Program
C) Troubled Assessments Recovery Program
D) Troubled Assets Relief Program

D

Economics

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A video available on a Web site that allows free download is a ________

A) private good B) public good C) club good D) common pool resource

Economics

The first example of comparative advantage appeared in a book that was published in 1817. This example showed that mutually beneficial trade between two countries (England and Portugal) was possible

The example assumed that two goods (wine and cloth) could be produced by both countries. Which of the following describes the conclusion of this example? A) England had an absolute advantage in both wine and cloth, but a comparative advantage in wine. B) Portugal had a comparative advantage in both wine and cloth, but its advantage in cloth was greater. C) Portugal had a comparative advantage in wine and England had a comparative advantage in cloth. D) England had a comparative advantage in both wine and cloth, but its advantage in cloth was greater.

Economics