TARP, created in 2008, stands for:
A. Toxic Asset Relief Program
B. Troubled Asset Recovery Plan
C. Toxic Asset Reinvestment Policy
D. Troubled Asset Relief Program
D. Troubled Asset Relief Program
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If a union negotiates and obtains a wage rate above the competitive wage rate,
A) it must find a way to make workers more productive. B) employment in the union sector will increase relative to employment in the nonunion sector. C) it must find a way to ration jobs among the excessive number of workers who wish to work in the union sector. D) unemployment will increase in the nonunion sector relative to the union sector.
Harry decides to buy shares of Oscorp Inc based on the rumor that the price of the shares will rise in the future. This illustrates the theory of adaptive expectations
a. True b. False Indicate whether the statement is true or false