In 2008, several of the world's central bank actively worked together to push down global interest rates. This is an example of

At least one economist has suggested that even large developing-country cities are economically too small. What argument would support this contention? How would you argue against it?

What will be an ideal response?

An appropriate countercyclical policy in the face of a recession would be for the Fed to raise legal reserve requirements, raise the discount rate, and buy government securities

Indicate whether the statement is true or false