A prominent aspect of the Great Depression of the 1930s, but not ...

[karlynnae]

A prominent aspect of the Great Depression of the 1930s, but not of the recent Great Recession, is ________.
 
  A) bank panics
  B) mortgage defaults
  C) an increase in the credit spread
  D) nonconventional monetary policy

Question 2

In the New Keynesian open economy model with a flexible exchange rate, an increase in anticipate future total factor productivity
 
  A) has no effects.
  B) increases aggregate output.
  C) reduces aggregate consumption.
  D) causes an exchange rate appreciation.

[aliotak]

Answer to Question 1

A

Answer to Question 2

D

[karlynnae]

TYSM

[hramirez205]

Excellent