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.
Male Asiatic Lion after a recent fight
Great Sphinx, Funerary Complex of Khafre "أبو الهول"
Columns With Papyriform And Bud Capitals, Hypostyle Hall, Great Temple Of Amun At Karnak
End Moraines of the Great Lakes Region
Great Diving Beetle
depression