| << Chapter < Page | Chapter >> Page > |
Card 6 / 13:
In the Keynesian framework, which of the following events might cause a recession? Which might cause inflation? Sketch AD/AS diagrams to illustrate your answers.
A large increase in the price of the homes people own.Rapid growth in the economy of a major trading partner.The development of a major new technology offers profitable opportunities for business.The interest rate rises.The good imported from a major trading partner become much less expensive.
| Previous Card | ← Previous Card Button |
| Next Card | → Next Card Button |
| Flip Card | ↑ / ↓ / Return / Space |
Notification Switch
Would you like to follow the 'University of houston downtown: macroeconomics' conversation and receive update notifications?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|