All of the following are causes of Great Recession except Group of answer choices Increased Imports Falling house prices Falling Global growth Consumer’s pessimism
Q: Determine which statements about the Great Recession, in comparison to average post‑World War II…
A: The Great Recession was a global economic downturn occurred between 2007 and 2009.
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A: Answer- False
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Q: All of the following will increase Aggregate Demand (AD), except: Foreign income increases Families…
A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…
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A: Correct: a change in the price level
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Q: other things equal, which of the following would be expected to shift aggregate demand to the right?…
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Q: Explain the effects of propensities, expectations and multipliers in causing a recession.
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Q: The position of the long-run aggregate supply curve Group of answer choices: a. is determined by…
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Q: The long-run aggregate supply line will necessarily shift to the right when Group of answer choices…
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- Explain the effects of propensities, expectations and multipliers in causing a recession.The global pandemic has caused tremendous damage to economic and public health across the world. With the vaccine rollout, there are strong expectations for a V-shape recovery in the US economy this and next year. Which of the following statements is inconsistent with the observations/experiences so far? a. From a historical perspective, the pandemic-induced recession is a highly unusual event for the economy and markets. Pandemic is not normally a thing that drives the business cycles. b. Even during the height of pandemic, the L-shape looked unlikely for a number of reasons, including rapid large-scale policy response, political willingness, and favorable financial conditions (such as low interest rate and US$ assets as safe assets). c. Looking beyond 2021, debt overhang (both public and private) is one of the downside risks to the global economic outlook. d. None of the above are inconsistent with the observations/experiences so far.Which of the following could cause the US economy to go into a recession? a) a declining stock market and an increase in unemployment b) an increase in pessimism by consumers and businesses c) All of the choices are correct d) a decrease in Aggregate Demand e) None of the choices is correct
- Explain business response towards recessionary pressures in the economy.Determine which statements about the Great Recession, in comparison to average post‑World War II (post‑WWII) recessions, are true and which statements are false. The unemployment rate was higher during the Great Recession.The rise in real GDP was greater during the Great Recession.The recovery in output and unemployment took longer after the Great Recession.In Great Recession what was the beginning and end dates of this downturn, the cause of this recession, and the depth of the recession.
- Fill in the Blanks A. The business cycle is defined as the periodic cycle up and down movement of actual economic production. It is characterized by alternating periods of economic expansion and economic recession. It is often characterize by the tendency of _____________(Real GDP/Potential GDP)to fluctuate about______________(Real GDP/Potential GDP) B. A(n) ____________________(recessionary/expansionary) period of the business cycle is characterized by declining total economic production and rising unemploymentHow can shipping delays and shortages of intermediate goods cause a recession? Why may these issues lead to a reduction in consumer spending? Consider how consumers change the timing of their purchases to reflect the market.Stagflation is caused by an increase in cost-push inflation. The increase in costs can be caused by an increase in wages greater than the increase in productivity. excessive government regulations on business. an increase in taxes imposed on business. All of the above.
- The housing market has weakened during every recession except which of the following? a. The Recession of 1974 b. The Recession of 1991 c. The Recession of 2001 d. The Recession of 2008Which of the below did NOT happen during the Great Recession of Dec. 2007 - June 2009? Group of answer choices Christina Romer, the then chair of President Obama's Council of Economic Advisers estimated that household wealth increased by 5% between December 2007 and December 2008. Banks had made subprime mortgage loans to overly leaveraged American families who could not make their mortgage payments. The American Recovery and Reinvestment Act (ARRA), or President Obama's Stimulus Bill was enacted in 2009. The investment bank, Lehman Brothers, declared bankruptcy leaving all of its creditors high and dry.Please Help! Make a general macroeconmic supply and demand showing Swedens econmy in 2019. attached is a sample of what it should look like! Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.