The most likely explanation of the recession of 1981-1982 was ...

[lunatika]

The most likely explanation of the recession of 1981-1982 was
 
  A) an increase in energy prices.
  B) a collapse in investment spending.
  C) that it was an unfortunate byproduct of a decrease in inflation.
  D) a dramatic decrease in stock prices.

Question 2

Money is neutral in the model economy we discussed because
 
  A) the money supply is exogenous.
  B) the money supply is intertemporal.
  C) prices are fully flexible.
  D) it is a barter economy.

[triiciiaa]

Answer to Question 1

C

Answer to Question 2

C

[lunatika]

Thanks for the timely response, appreciate it

[amandanbreshears]

Gracias!