As of 2012, the bank portion of TARP:
A) earned a profit of $21 billion
B) earned a profit of $245 billion
C) cost $266 billion
D) cost $700 billion
A
Economics
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The country of Glassen has experienced an expansionary gap for the last three years. The advocates of passive policy are likely to suggest a policy which causes _____. a. the short-run aggregate supply to shift to the left
b. the short-run aggregate supply to shift to the right. c. rising prices to shift the aggregate demand to the left. d. wages to fall relatively quickly. e. aggregate demand to shift to the right as wages increase.
Economics
Prices are inefficient rationing devices
a. True b. False Indicate whether the statement is true or false
Economics