The 2007-2009 recession began with reductions in investment and consumption spending, precipitated by a financial crisis. This explanation for the recession is consistent with:
A. the monetarist view of macroeconomic instability.
B. the rational expectations view of macroeconomic instability.
C. the mainstream view of macroeconomic instability.
D. none of these views of macroeconomic instability.
C. the mainstream view of macroeconomic instability.
Economics
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Refer to Figure 1-6. Calculate the area of the trapezoid X
A) $361 B) $450 C) $1,020 D) $1,140
Economics
The government budget constraint tells us that to the extent that government expenditures are NOT financed by tax collection, the public ends up holding ________ government bonds and ________ money
A) more, more B) more, less C) fewer, more D) fewer, less
Economics