From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2009, amount of Federal Reserve assets rose, leading to
A) a huge increase in the monetary base.
B) a huge expansion of the money supply.
C) an economic expansion.
D) a high inflation.
A
Economics
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A "long-run exploitable Phillips curve" refers to a Phillips curve that in the long run is ________ rather than ________
A) downward sloping; vertical B) vertical; horizontal C) horizontal; upward sloping D) upward sloping; vertical
Economics
The supply curve shows the relationship between:
A. physical inputs of resources and the resulting units of output. B. total business revenues and quantity supplied. C. price and quantity supplied. D. production costs and the amount demanded.
Economics