In the recent Global Economic Crisis, the end of cash-out mortgage refinancing caused
A) LM curve to shift to the right.
B) LM curve to shift to the left.
C) IS curve to shift to the left.
D) LM curve to shift to the right.
C
You might also like to view...
The Federal Reserve was created in
A) 1893. B) 1913. C) 1921. D) 1933.
Suppose Seth and Nathan are college students with the same annual income, yet Seth pays half of the annual income tax that Nathan does
Which statement best summarizes a possible issue with this outcome from a principle of tax policy perspective? a. It violates the principle of vertical equity. b. It violates the principle of diagonal equity. c. It violates the principle of horizontal equity. d. It violates the benefit principle.
If people have a positive rate of time preference, they
a. must be rewarded for saving b. are willing to pay more for a good that saves them money if they hold on to it a long time c. prefer to consume in the future when things are cheaper d. prefer time deposits to savings accounts e. prefer leisure over labor
A nation can accelerate its economic growth by:
A. reducing the number of immigrants allowed into the country. B. adding to its stock of capital. C. printing more money. D. imposing tariffs and quotas on imported goods.