Which of the following events is most responsible for the Great Recession of 2007 to 2009? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a A large crash in the housing market (following a large run-up in prices). b A decrease in Research & Development. Changes in business regulations. d The stimulus package.

The circular-flow diagram is a: O Visual model of how the economy is organized. O "Visual model of the relationships among money, prices, and businesses. Model that shows the effects of government on the economy. Mathematical model of how the economy works. A Moving to another question will save this response search DELL

Determine which phase of the business cycle is associated with each event. a. Unemployment reaches its highest levels, while output reaches its lowest during (Click to select) - b. Decreasing unemployment and expanding production occurs during (Click to select) - c. The economy is at full employment and output is produced at full capacity during (Click to select) d. Real output is declining for at least two consecutive quarters is during (Click to select) (Click to select) a peak a recession an expansion a trough

If there is a temporary supply shock (the supply decreases) and the Fed or the government decides to “do something,” which curve(s) will they shift on the graph?Group of answer choices 1The money demand. 2The short run supply. 3The demand. 4None of the curves mentioned in the other answers.

The Aggregate Demand line slopes down for a few reasons, one of which is ... Group of answer choices a. When consumers feel prices going up the purchase more b. When price levels go up, it reduces the purchasing power of savings c. When price levels go up, it increases the purchasing power of savings d. When suppliers feel prices going up the supply more

The Great Depression showed that the short-run aggregate supply curve and the aggregate demand curve 1. can never lead to deflation. 2.can intersect at output levels below full employment. 3.must always intersect at full employment. 4.must intersect at output levels above full employment.

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Only typed answer and please don't use chatgpt  Suppose one economist believes the target rate of unemployment is 4 percent while another believes it is 4.9 percent. Using Okun’s rule of thumb, by how much would you expect their estimates of potential GDP to differ in a $9 trillion economy?

1. If Aggregate Supply (Short-Run) increase while Aggregate Demand remains constant, which of the following occurs: (Select all that apply) A. Recession B. Unemployment does not change. C. Inflation D. Equilibrium Price Level decrease E. Unemployment decreases F. Equilibrium RGDP increases   2. Which of the following statements would increase the Aggregate Demand curve? (select all that apply) A. Decrease in Government Spending B. Household's wealth decrease. C. Increased fear that a recession will cause workers to lose their jobs. D. A 20% decrease in personal income tax rates. E. Consumer's wealth increase

40.The Great Depression showed that the short-run aggregate supply and the aggregate demand curves: A. must always intersect at full employment. B.can never lead to deflation. C.can intersect at output levels below full employment. D.must intersect at output levels above full employment.