This topic contains a solution. Click here to go to the answer

Author Question: As the financial crisis became more severe in 2008, the Federal Reserve undertook a(n) ________ of ... (Read 115 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
As the financial crisis became more severe in 2008, the Federal Reserve undertook a(n) ________ of monetary policy, an effect of which is to ________ inflation.
 
  A) contraction; raise
  B) easing; raise
  C) contraction; lower
  D) easing; lower
  E) none of the above

Question 2

The government deficit
 
  A) is equal to the government surplus plus taxes minus government spending.
  B) is equal to GDP minus GNP.
  C) is equal to disposable income plus the current account surplus.
  D) is equal to the negative of government saving.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

B

Answer to Question 2

D




burchfield96

  • Member
  • Posts: 610
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...

For a complete list of videos, visit our video library