The great financial crisis of 2007 and  it's ongoing aftermath still affect markets--think of, for example,the underlying causes that motivated Brexit and to some degree, the election of Donald Trump. In both cases, a growing number of people had tired of the privileging of Wall Street over Main Street, one of the key strategies of the Federal Reserve and Federal Government to resolve the effects of the financial crisis. A key consequence of these efforts has been a strong challenge to the degree of economic freedom United States. The gains in economic freedom that the USA had made over twenty years have been completely erased in just nine. Still dropping, the economic freedom score for United States ranks lower than that for _______ for the first time ever.  A) Japan   B) Australia   C) United Kingdom   D) Switzerland   E) Canada

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter16: Expectations Theory And The Economy
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The great financial crisis of 2007 and  it's ongoing aftermath still affect markets--think of, for example,the underlying causes that motivated Brexit and to some degree, the election of Donald Trump. In both cases, a growing number of people had tired of the privileging of Wall Street over Main Street, one of the key strategies of the Federal Reserve and Federal Government to resolve the effects of the financial crisis.

A key consequence of these efforts has been a strong challenge to the degree of economic freedom United States.

The gains in economic freedom that the USA had made over twenty years have been completely erased in just nine.

Still dropping, the economic freedom score for United States ranks lower than that for _______ for the first time ever. 

A) Japan
 
B) Australia
 
C) United Kingdom
 
D) Switzerland
 
E) Canada
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