Interest rates in the United States were low for an extended period after the recession of 2001 . Many cite these low levels as a major reason for fueling housing speculation that caused the Great Recession. Which of the following was a cause of low interest rates in the United States?
a. Loose monetary policies by the Federal Reserve.
b.Muted inflationary expectations.
c. Strong capital inflows from foreign countries with high saving rates.
d. All of the above.
.D
Economics
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Suppose the world price of a good is $4. Based on the table below, the country would
Price Q Demanded Q Supplied 2 100 70 4 95 75 6 90 80 8 85 85 10 80 90 12 75 95 A) import 20 units. B) export 20 units. C) import 10 units. D) export 10 units.
Economics
Which elements of GDP were affected by the financial crisis and the lack of available credit?
a. consumption and business investment only b. consumption and government spending only c. consumption, business investment and government spending only d. consumption, business investment, government spending and imports/exports
Economics