A prominent aspect of the recent Great Recession, but not of the Great Depression of the 1930s, is ________.
A) bank panics
B) mortgage defaults
C) an increase in the credit spread
D) nonconventional monetary policy
Question 2
In macroeconomic analysis, the representative consumer
A) denotes the consumer with the average amount of income.
B) plays the role of a stand-in for all consumers in the economy.
C) is the consumer who bargains with firms for all workers in the economy.
D) is always a misleading fiction.
Treatment of Depression with Ketamine The graph shows the effects of ketamine on symptoms of depress
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Great thinkers
Recent history of biochemistry shown by the introduction of new techniques. (part 1)
Economic recession in 2008 saw a small decrease in demand
Cone of Depression Formation