Response to the energy crisis of the early 1970s did not include

From 1950 to 2007, the United States experienced ________ business cycle expansions, followed by ________ recessions

A) long; long B) long; brief C) brief; long D) brief; brief

With crises caused by macroeconomic imbalances,

A) it is usually difficult to avoid a recession. B) austerity programs are not needed. C) expansionary policies can be used to correct the crisis. D) the money supply should be increased.