During recent Global Economic Crises, consumers' real wealth in the U.S. declined as a result of
A) the stock market crash, pricking of the housing bubble, and the increased household borrowing.
B) the expansionary fiscal policy, and the expansionary monetary policy.
C) the lack of fiscal and monetary policy coordination.
D) the banks' decision not to issue additional loans.
A
Economics
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a. True b. False Indicate whether the statement is true or false
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If the quality of a good deteriorates while its price remains the same, then the value of a dollar
a. rises and the cost of living increases. b. rises and the cost of living decreases. c. falls and the cost of living increases. d. falls and the cost of living decreases.
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