The decline in output at the onset of the Great Depression was caused primarily by
a. a positive demand shock
b. a negative demand shock
c. a positive supply shock
d. a negative supply shock
e. simultaneous shocks to supply and demand
B
Economics
You might also like to view...
A bank has checking deposits of $400, saving deposits of $900, time deposits of $900, loans of $950, government securities of $900, outstanding credit card balances of $400, currency in its vault of $40, and deposits in its reserve account at the Fed
of $40. a. What is the amount of this bank's deposits that are in M1? b. What is the amount of this bank's deposits that are in M2? c. What is the amount of this bank's reserves?
Economics
The type of advertising used for an experience good is
A) informational advertising. B) persuasive advertising. C) search advertising. D) experience advertising.
Economics