In the financial crisis in 2008, the Federal government created the ________, to purchase financial assets that were thought to be temporarily undervalued, preventing further financial panic

A) Federal Home Loan Board.
B) Troubled Asset Relief Program.
C) Federal Deposit Insurance Corporation.
D) Bank Insurance Fund.

B

Economics

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Which of the following groups gain from international trade? i. producers of exported goods ii. domestic consumers of imported goods iii. workers in exporting firms

A) i only B) ii only C) iii only D) i and iii E) i, ii, and iii

Economics

In a liquidity trap, the

A) IS curve is vertical. B) IS curve is horizontal. C) LM curve is vertical. D) LM curve is horizontal.

Economics