The Fed's actions leading up to the Great Recession:
A. may have contributed to the housing bubble and made the recession worse.
B. may have mitigated the housing bubble and stopped the recession from having been worse.
C. may have contributed to falling consumer confidence and made the recession worse.
D. may have helped to boost consumer confidence and stopped the recession from having been worse.
Ans: A. may have contributed to the housing bubble and made the recession worse.
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The ________ plots the relationship between prices and the quantity that buyers are willing to purchase
A) supply curve B) isoquant C) indifference curve D) demand curve
Which is an example of expansionary fiscal policy?
A) A lowering of tax rates B) A lowering of government spending C) An increase in the discount rate D) An increase in the federal funds rate E) An increase in reserve requirements