The correct option that best describes the 23 years prior to the Great Recession
Answer to Problem 5MCQ
From the available options, the correct option is a period of consensus building among economists.
Explanation of Solution
23 years prior to the Great Recession, the market general was not at the position of decline but it happens during the time of Great Recession as there was a period of high inflation when the prices were increased in economy. The rate of
Therefore, the correct option is c (a period of consensus building among economists.) and all other options are incorrect.
Introduction:
Chapter 36 Solutions
Krugman's Economics For The Ap® Course
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