Business cycles are the result of
A) regular shifts of the AD curve only.
B) irregular shifts of the SAS curve only.
C) regular shifts of both the AD and SAS curves.
D) irregular shifts of both the AD and SAS curves.
D
Economics
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Investment banks are vulnerable because
A) the maturity of their liabilities is less than the maturity of their assets. B) the maturity of their assets is less than the maturity of their liabilities. C) they tend to be underleveraged. D) they tend to primarily hold short-term assets.
Economics
Lowering the required reserve ratio raises the simple deposit multiplier
Indicate whether the statement is true or false
Economics