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Author Question: The economy suffered a mild recession in 2001. Despite the recession, home sales and durable goods ... (Read 136 times)

mckennatimberlake

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The economy suffered a mild recession in 2001. Despite the recession, home sales and durable goods sales remained high. Which of the following is a plausible explanation?
 
  A) The Fed caused a reduction in the federal funds rate to its lowest level in 40 years.
  B) Home building and consumer durable purchases are always high during a recession.
  C) Rising inflation encouraged many to invest in the real estate market.
  D) The Fed's pursuit of contractionary policy stimulated these markets.

Question 2

Which of the following economists is best known for exploring the application of economic analysis to human resources issues?
 
  A) Edward Lazear B) Alan Krueger
  C) Claudia Goldin D) David Hammermesh


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nital

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mckennatimberlake

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Reply 2 on: Jun 29, 2018
Excellent


kthug

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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