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Tiny authorizes United Bank to make transfers from his account to make payments on his debt to Vic's Auto Dealership,which sold Tiny the car that serves as collateral for the debt.After three payments,Vic's repos?sesses the car and refuses to return it.Tiny phones the bank to stop the payments and follows up with a confirm?ing letter.The bank fails to stop the next two payments,and Vic's refuses to refund anything.Can Tiny get his money from the bank? Explain.
Unemployment Rate
The percentage of the labor force unemployed at any time.
Technological Advance
The development and application of innovative processes, equipment, or software that enhances productivity, efficiency, or quality.
Farmers
Individuals or entities engaged in the activity of agriculture, which includes the cultivation of plants and rearing of animals for food, fiber, biofuel, medicines, and other products used to sustain and enhance human life.
Optimal Allocation
The most efficient distribution of resources within an economy to maximize the output or welfare.
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