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.
Great Blue Hole of Belize
J. M. W. Turner, Rain, Steam, and Speed—The Great Western Railway.
According to neuroendocrine models of depression, repeated or chronic stress results in overactivity ...
depression
Human and great ape chromosome evolution