Author Question: Interest rates in the United States were low for an extended period after the recession of 2001 . ... (Read 127 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
Interest rates in the United States were low for an extended period after the recession of 2001 . Many cite these low levels as a major reason for fueling housing speculation that caused the Great Recession. Which of the following was a cause of low interest rates in the United States?
 a. Loose monetary policies by the Federal Reserve.
  b.Muted inflationary expectations.
  c. Strong capital inflows from foreign countries with high saving rates.
  d. All of the above.

Question 2

Which of the following effects will not increase (i.e., shift to the right) the aggregate supply curve?
 a. An increase in the average national price level.
  b. A decrease in the price of fuel.
  c. An appreciation of the domestic currency.
  d. All of these answers are correct.
  e. None of these answers is correct.



honnalora

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

.D

Answer to Question 2

.A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library