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Author Question: The most likely explanation of the recession of 1981-1982 was A) an increase in energy prices. ... (Read 86 times)

lunatika

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on: Jun 30, 2018
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.


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triiciiaa

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

C

Answer to Question 2

C


lunatika

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

vickybb89

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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