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Tidy Tidy
wrote...
Posts: 4852
8 years ago
The economy suffered a mild recession in 2001. Despite the recession, home sales and durable goods sales remained high. Which of the following is a plausible explanation?
A) The Fed's pursuit of contractionary policy stimulated these markets.
B) The Fed caused a reduction in the federal funds rate to its lowest level in 40 years.
C) Rising inflation encouraged many to invest in the real estate market.
D) Home building and consumer durable purchases are always high during a recession.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 535 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
8 years ago
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Tidy Author
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8 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Brilliant
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2 hours ago
This helped my grade so much Perfect
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