Multiple Choice
The two most important American business cycle events of the twentieth century were
A) the Great Depression and stagflation.
B) World War II and the Great Depression.
C) the productivity slowdown and the Great Depression.
D) government budget deficits and World War II.
Correct Answer:

Verified
Correct Answer:
Verified
Q58: Which period was not a recession in
Q59: A likely explanation for the 2008-2009 recession
Q60: According to the Lucas critique,changes in economic
Q61: Limit commitment occurs when<br>A) collateral is required
Q62: The structure of a macroeconomic model involves
Q64: The quantity of money in circulation in
Q65: The idea that government budget deficits do
Q66: Which is a question of interest in
Q67: The real interest rate is<br>A) always equal
Q68: What do we assume about households and