In the early stages of the 1980s banking crisis, financial institutions were especially harmed by
A) declining interest rates from late 1979 until 1981.
B) the severe recession in 1981-82.
C) the disinflation from mid 1980 to early 1983.
D) the increase in energy prices in the early 80s.
B
Economics
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Refer to the graph shown. The profits earned by the monopolistically competitive firm represented equal:
A. $120. B. $0. C. $45. D. $15.
Economics
In the short run unemployment may fall below the natural rate of unemployment if:
a) Nominal wages have risen less than inflation b) Nominal wages have risen at the same rate as inflation c) Nominal wages have risen more than inflation d) Nominal wages have risen less than unemployment
Economics