OutputTotal RevenueTotal Cost0$0$501407428094312011741601425200172Refer to the above table. The equilibrium price of the product is:

What did NOT cause the 2008-2009 recession?

A. Decrease in AD B. Housing bubble burst C. Large banks and corporations shut down D. Improper fiscal policy E. Stock market and wealth decrease

Suppose interest rates are kept very low for a long time such that there is a spike in the amount of lending. Everything else held constant, this could cause ________ bubble

A) an irrational exuberance B) a credit-driven C) a stock D) a debt-driven