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Author Question: A prominent aspect of the recent Great Recession, but not of the Great Depression of the 1930s, is ... (Read 324 times)

javeds

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on: Jun 30, 2018
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.


leannegxo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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javeds

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Reply #2 on: Jun 30, 2018
Thank you :)


leannegxo

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Reply #3 on: Jun 30, 2018
Happy to help you


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