This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A likely explanation for the 2008-2009 recession is A) an increase in energy prices. B) ... (Read 166 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
A likely explanation for the 2008-2009 recession is
 
  A) an increase in energy prices.
  B) financial market problems.
  C) a drastic reduction in government expenses.
  D) an increase in taxes.

Question 2

Suppose that wages and prices are quite flexible, so that the short-run aggregate supply curve is steep. In that case, ________.
 
  A) policies to stabilize inflation are probably needed more than policies to stabilize economic activity
  B) supply shocks will destabilize inflation, but have minimal impact on output
  C) demand shocks will destabilize output, but have minimal impact on inflation
  D) all of the above
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Gracias!

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

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?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Free energy change during electron transport Free energy change during electron transport
The 2009 centers for medicare and medicaid The 2009 centers for medicare and medicaid
Canada's energy stream Canada's energy stream
Greenhouse gases increase in the stratosphere Greenhouse gases increase in the stratosphere
The oceans continue to absorb most of the excess energy trapped by greenhouse gases The oceans continue to absorb most of the excess energy trapped by greenhouse gases
chemistry homework help energy related chemistry homework help energy related
Video: Protein Structure - Primary, Secondary, Tertiary and Quaternary

For a complete list of videos, visit our video library