A shock that could trigger a recession is a
A) large military buildup
B) large increase in the price of oil
C) sudden unexplained increase in consumption
D) new technological breakthrough
E) large decrease in the price of oil
Correct Answer:
Verified
Q40: Suppose a major computer virus struck the
Q41: Of the recessions and expansions from 1950
Q42: A shock that could trigger a recession
Q43: The recession of 1982 was largely caused
A)
Q44: Over time the full-employment level of output
Q46: A shock that could trigger an expansion
Q47: A spending shock typically involves a dramatic
Q48: The classical model explains away unemployment as
Q49: Which of the following is a common
Q50: The existence of recessions highlights
A) the strengths
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