When people became less concerned with the underlying value of their houses and instead focused on the expectations of the prices of their houses increasing, ________ occurred

A) stagflation
B) an automatic destabilizer
C) a housing bubble
D) a supply shock

Answer: C

Economics

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If the federal government decreases its spending and doesn't decrease taxes, the bond supply shifts to the

A) left and the equilibrium interest rate rises. B) left and the equilibrium interest rate falls. C) right and the equilibrium interest rate rises. D) right and the equilibrium interest rate falls.

Economics

In the United States, the different categories of money supply measurement are based on:

a. the elasticity of money. b. the liquidity of money. c. the amount of purchasing power. d. the reserve requirements in the banking system. e. the velocity of money.

Economics