Most economists believe that the return of ________ during the 2007-2009 recession is a key reason why the recession was so severe
A) high tariffs
B) financial instability
C) rapid inflation
D) high interest rates
Answer: B
You might also like to view...
What are the four types of bias that economist Bryan Caplan believes voters bring with them when they vote? Briefly explain each of these biases
What will be an ideal response?
In a put options contract, the
A) seller has the obligation to receive the instrument at a specified time. B) buyer has the obligation to deliver the instrument at a specified time. C) buyer has the obligation to receive the instrument at a specified time. D) seller has the obligation to deliver the instrument at a specified time.
Other factors held constant, a decrease in resource prices will shift the aggregate:
A. demand curve leftward. B. demand curve rightward. C. supply curve leftward. D. supply curve rightward.
The prospective gain per season to an owner from recruiting a new star player is that player's
A. reservation wage. B. capital value. C. marginal revenue product. D. marginal cost.