Multiple Choice
Which of the following was believed to have started the global economic crisis of 2008?
A) The absence of depositor insurance
B) Excessive transfer payments made by the government
C) A sudden and sharp increase in oil prices
D) Lack of financial aids to banks
E) A sudden fall in housing prices
Correct Answer:

Verified
Correct Answer:
Verified
Q12: The Taylor rule is a complete discretionary
Q13: The crowding-out effect occurs when household consumption
Q16: Monetary policy is more effective at closing
Q18: The crowding-out effect:<br>A)increases interest rates and decreases
Q19: The financial crisis of 2008-2009 led to
Q20: Which of the following would cause the
Q21: The figure below shows the aggregate demand
Q22: Which of the following is true?<br>A)The recession
Q71: Assuming wages are indexed to inflation, if
Q132: The problem of time lags in making