This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The U.S. and other industrializing nations depended heavily on international trade. Indicate ... (Read 90 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
The U.S. and other industrializing nations depended heavily on international trade.
 
  Indicate whether the statement is true or false

Question 2

During the recession of 2008, the U.S.experienced lower real interest rates at the same time investment and GDP were falling.
 
  How would a Classical economist explain this recession? Provide a graph of the Classical capital market to illustrate your arguments.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SamMuagrove

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

False (Unlike other nations, the U.S. did not.)

Answer to Question 2

This must have been caused by a fall in investment which reduced the capital stock and aggregate supply.


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Your heart beats over 36 million times a year.

The heavily worn, and sometimes cutmarked, anterior teeth of Neadertals suggest that these teeth wer The heavily worn, and sometimes cutmarked, anterior teeth of Neadertals suggest that these teeth wer
American Foreign Trade, 1790–1812 American Foreign Trade, 1790–1812
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®. Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®.
Region’s Culture in International Context Region’s Culture in International Context
International Business Management International Business Management
Video: Febrile Seizure

For a complete list of videos, visit our video library