Multiple Choice
The recession of 2007-2009 was:
A) deeper than the recessions of 1990 and 2001.
B) longer and more severe than the Great Depression.
C) one of the shortest on record.
D) dissimilar to the Great Depression in that the financial sector was not involved.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: Rational expectations are forward looking, since they
Q105: According to the equation for the Phillips
Q108: The possible consequences of using fiscal and
Q131: The willingness of people around the world
Q143: Using real GDP and employment growth relative
Q157: In a global economy, a problem with
Q188: Imperfect information and efficiency wages together suggest
Q198: Which statement is NOT an effective criticism
Q206: Which action was NOT taken in response
Q226: When inflationary expectations are added to the