Author Question: A prominent aspect of the recent Great Recession, but not of the Great Depression of the 1930s, is ... (Read 86 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
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

  • Sr. Member
  • ****
  • Posts: 374
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library