Evidence from the Great Recession suggests that the crowding out effect:

A. had a very detrimental effect on private savings.
B. was minimal at that time.
C. can be quite large in times of recession, and is reinforced with recent research from 2008.
D. may hold, although the evidence is somewhat contradictory.


Answer: B

Economics

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The above table gives the demand and supply schedules for Blu-ray discs. If the price of a Blu-ray disc is $8, there is a ________ and the price of a compact disc will ________

A) shortage; rise B) shortage; fall C) surplus; rise D) surplus; fall

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An increase in the supply of money, other things being equal, will raise the equilibrium interest rate

a. True b. False Indicate whether the statement is true or false

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Which of the following groups would have the highest unemployment rates?

a. married men b. white workers c. college graduates d. teenagers

Economics