The increase in interest rates that shook depository institutions began in the
A) 1950s.
B) 1960s.
C) 1970s.
D) 1980s.
B
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Consumers in a country buy only two goods, sneakers and manicures. The prices and quantities purchased by urban households are in the table above. The reference base year is 2011. For these data, the CPI for 2011 is
A) 110. B) 3. C) 145. D) 160. E) 100.
An increase in the size of the working-age population:
A. increases labor demand. B. increases labor supply. C. decreases labor supply. D. decreases labor demand.
After the American Revolution concluded, what did the English do?
(a) They withdrew all investments in colonial America. (b) They continued investing in colonial America. (c) They discouraged individuals in other countries from investing in colonial America. (d) They did none of the above.
The impact effect is the
A) zero period dynamic multiplier. B) h period dynamic multiplier, h>0. C) cumulative dynamic multiplier. D) long-run cumulative dynamic multiplier.