As an economic expansion approaches its peak, it is very likely that real GDP will
A) exceed nominal GDP.
B) exceed potential GDP.
C) equal nominal GDP but not potential GDP.
D) be less than potential GDP.
E) equal nominal GDP and equal potential GDP.
B
Economics
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Deposit insurance indirectly helped to create the savings and loan crisis in the United States during the 1980s
Indicate whether the statement is true or false
Economics
After the repeal of Regulation Q, a problem for savings-and-loan associations (S&Ls) was that most of their assets were at __________ interest rates while their deposits were at __________ interest rates
A) low; low B) low; high C) high; low D) high; high
Economics