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Author Question: The commercial paper market was an important ingredient for the Great Recession because: a. It is ... (Read 27 times)

kshipps

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The commercial paper market was an important ingredient for the Great Recession because:
 a. It is the market on which mortgages are financed, and, due to the Great Recession, this market dried up.
  b. It is the market on which many companies finance their daily working capital needs and, due to the Great Recession, this market dried up.
  c. The commercial paper market was the only financing source open to companies during the great recession.
  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. An appreciation of the domestic currency.
  c. An increase in the number of immigrants.
  d. All of these answers are correct.
  e. None of these answers are correct.



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cpetit11

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Answer to Question 1

.B

Answer to Question 2

.A





 

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