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    Exam 32: Aggregate Demand and Aggregate Supply
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    In the Great Recession of 2007-2009, Stock Market Values Shrank
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In the Great Recession of 2007-2009, Stock Market Values Shrank

Question 171

Question 171

Multiple Choice

In the Great Recession of 2007-2009, stock market values shrank, causing a reverse


A) wealth effect.
B) real-balances effect.
C) interest-rate effect.
D) expectations effect.Difficulty: 02 Medium

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