According to Gordon,the three main ingredients in the recent U.S.housing bubble are
A) low interest rates,saving glut,and financial innovation.
B) high interest rates,lack of savings,and financial innovation.
C) financial innovation,expansionary fiscal policy,and capital outflow.
D) capital outflow,budget deficit,and trade deficit.
Correct Answer:
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Q28: Referring to a bank's t-account,equity refers to
A)the
Q29: The securities,such as stocks or bonds,constitutes a(n)_
Q30: Referring to a bank's t-account,the difference between
Q31: Leverage refers to
A)the ratio of total assets
Q32: The securities,such as stocks or bonds,constitute a(n)_
Q34: Bank equity is also referred to as
A)bank
Q35: The average difference over a long period
Q36: In the IS-LM Model,assuming downward sloping IS
Q37: According to Gordon,all of the following are
Q38: In the IS-LM model,assuming downward sloping IS
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