Multiple Choice
Interest rates spreads between corporate and government bonds ________.
A) are procyclical
B) have the same characteristics as the government interest rate spreads
C) are countercyclical
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q59: Keynesian economists _.<br>A)observe that prices respond slowly
Q60: During the 1970s in the U.S._.<br>A)the inflation
Q61: How does slow price adjustment,as assumed in
Q62: In a business cycle,a period from peak
Q63: What does the U.S.business cycle experience suggest
Q65: A procyclical variable _.<br>A)moves up during expansions
Q66: Economic globalization has seen _.<br>A)a decoupling of
Q67: To understand what causes the business cycle,leading
Q68: The U.S.economy of the mid 1980s through
Q69: According to the flexible price framework _.<br>A)an