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Author Question: A prominent aspect of the Great Depression of the 1930s, but not of the recent Great Recession, is ... (Read 112 times)

karlynnae

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on: Jun 30, 2018
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.


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aliotak

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


karlynnae

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amandalm

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Reply 3 on: Yesterday
:D TYSM

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