Recessions occur because of

A) difficulties in coordinating economic affairs. B) shocks to technology.
C) real adverse shocks to the economy. D) all of the above.

D

Economics

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Define marginal cost. Is it different from the concept of willingness to accept?

What will be an ideal response?

Economics

If monetary policy is used to control GDP, there is greater sacrifice of long-run economic growth in pursuing short-run stabilization the ________ is fiscal policy and thus the ________ is the real interest rate

A) tighter, higher B) tighter, lower C) easier, higher D) easier, lower

Economics