In 1973, 1979 and 2007, the U.S. economy was hit by ________

A) the collapse of the financial sector
B) the assassination of a Federal Reserve Board member
C) three major aggregate supply shocks
D) the after-effects of the process of creative destruction

C

Economics

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Information technology lowered ______________ and increased ______________ from nonbank financial institutions

Fill in the blank(s) with the appropriate word(s).

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An increase in both supply and demand must increase both equilibrium price and quantity.

a. true b. false

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Economics