In October 2008, Congress passed the ________, under which the Treasury provided funds to banks in exchange for stock

A) Bank Rescue Alliance Treaty (BRAT)
B) Mortgage Transfer Agency (MTA)
C) Troubled Asset Relief Program (TARP)
D) Financial Assurance Association (FAA)

Answer: C

Economics

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If a 6% decrease in price for a good results in a 2% increase in quantity demanded, the price elasticity of demand is

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