Author Question: Recovery in the United States after the Great Recession can be characterized as: a. Rapid, as U.S. ... (Read 85 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
Recovery in the United States after the Great Recession can be characterized as:
 a. Rapid, as U.S. unemployment fell and employment rose.
  b. Slow to develop, as unemployment fell and employment rose at very sluggish paces.
  c. Non-existent. After three years, the U.S. economy was in the same position as 2008.
  d. Mixed, as real GDP grew rapidly, but the unemployment rate and employment rate lagged behind.

Question 2

In explaining the downward-sloping aggregate demand curve, the net export effect is:
 a. When a nation's price index falls, international capital flows are attracted to it, which causes the net exports to rise.
  b. When the price index falls, net exports fall because a nation's exports become relatively cheaper and its imports become relatively more expensive.
  c. When the price index falls, the real money supply rises, causing the real risk-free interest rate to fall, and consumption and real investment to rise.
  d. When the price index falls, net exports rise because a nation's exports become relatively cheaper and its imports become relatively more expensive.
  e. When the price index falls, central banks intervene to bring prices back to where they were, causing net exports to rise.



jaygar71

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

.B

Answer to Question 2

.D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

For a complete list of videos, visit our video library