Fixing the financial system after the Great Recession meant:
a. Finding a way to make the banking and general financial systems solvent, and solving the nation's illiquidity problems.
b. Finding private (domestic and foreign) private buyers for U.S. subprime loans.
c.Changing banking rules so there was more financial competition.
d. Opening long-term financing sources, which would allow banks, companies, and the U.S. government to fund their long-term needs, such as new branches, plants, and infrastructure (e.g., bridges and dams) needs.
Question 2
If the price of inputs rises when a nation is in the intermediate range:
a. Real GDP falls and average price level rises.
b. Real GDP rises and real GDP remains the same.
c. Real GDP remains the same and average price level falls.
d. Real GDP remains the same and average price level rises.
e. Real GDP remains the same and average price level remains the same.
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