After the 2001 recession, the Fed changed interest rates to ______.
a. slow inflation
b. discourage deflation
c. slow growth
d. discourage lending
b. discourage deflation
Economics
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According to this Application, for approximately 12 million homeowners in 2012, the amount owed on mortgages was higher than the actual value of the homes. These homeowners used borrowed funds to purchase their homes, a practice known as
A) acceleration. B) securitization. C) leverage. D) liquidity.
Economics
Refer to the above figure. Moving from point A to point B indicates
A) an increase in supply. B) an increase in quantity supplied. C) a decrease in supply. D) a decrease in quantity supplied.
Economics