explanations about what caused the Great Recession differ sharply among economists. The so-called Austrian Explanation involves the following factors, excep
A.
A massive euphoric bubble in housing prices that popped
B.
Government actions that kept interest rates very low for a long period
C.
Excessive borrowing for consumption, construction, and investment
D.
A huge negative demand shock in the economy
A.
A massive euphoric bubble in housing prices that popped
Economics
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The slope of a nonlinear curve is ________ when the curve is rising, and ________ when the curve is falling
A) negative, positive B) negative, negative C) positive, negative D) positive, positive
Economics
Which of the following is not a component of the aggregate demand curve?
a. Consumption (C). b. Investment (I). c. Government spending (G). d. Net exports (X-M). e. All of these are components.
Economics