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 212 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
Excellent

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Explanation of endocrine versus exocrine. Explanation of endocrine versus exocrine.
The coupling of reactions in energy transfer. The coupling of reactions in energy transfer.
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
Ionization energy Ionization energy
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library